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UK Lawmakers Seek Tax Incentives for “Sustainable” Fashion
February 22, 2019
The UK House of Commons’ Environmental Audit Committee has published a report calling on the British government to introduce tax penalties on fashion companies that fail to address the environmental impacts of their products, among several other social and environmental priorities.
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Oxfam Assesses Rights Impacts in Finnish Food Supply Chain
February 22, 2019
Finnish procurement company SOK Corporation recently commissioned nongovernmental organization Oxfam to perform a pilot “human rights impact assessment” of its Italian tomato supply chain as part of a broader response to NGO pressure in which businesses show they are performing “due diligence” in complying with the business and human rights agenda.
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Report Seeks Investor Pressure for Australian Labor Reporting
February 22, 2019
The pension-fund adviser Australian Council for Superannuation Investors has called on investors to put pressure on Australian companies from a broad range of sectors to fully comply with a new law requiring them to report on their efforts to end forced labor in their global supply chains.
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NGO Critiques Action Plans on Implementing UNGPs
February 22, 2019
The Danish Institute for Human Rights has published a global review of national action plans on implementing the UN Guiding Principles on Business and Human Rights (UNGPs) in government policy, including critiques of many governments for failing to follow NGO recommendations in creating these plans.
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Securities Commission Group Promotes ESG Reporting
February 21, 2019
The Global Reporting Initiative (GRI) has applauded the International Organization of Securities Commissions for issuing a report promoting the disclosure by securities issuers of the environmental, social, and governance (ESG) impacts of financial assets to investors.