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NGO Rates European Asset Owners on Climate Action
January 08, 2019
The environmental activist organization WWF recently published a report rating European owners of large assets on their efforts to align their portfolios with the goals of the UN’s Paris climate pact, while calling for the creation of “harmonised frameworks” requiring climate disclosure in the investment industry.
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UN Body Ramps up Pressure on Companies to Set Emissions Targets
January 08, 2019
The UN Global Compact has called on businesses to aspire to “a new level of ambition” in setting their “science-based targets” for reducing greenhouse gas emissions in pursuit of the global climate change agenda and called for all corporate climate action to comply with the UN’s “sustainability” and human rights goals.
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ISO Promotes Use of Global Standards to Combat Climate Change
January 08, 2019
At a recent UN summit on climate change in Poland, the International Organization for Standardization (ISO) hosted an event at which a group of “sustainability experts” emphasized ISO’s contributions to global standards seeking to “mainstream” efforts by companies and other organizations to combat climate change.
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NGO Produces Test for Effective BHR Treaty
January 08, 2019
A quarterly update from the Business & Human Rights (BHR) Resource Centre raises critiques of the recently published “Zero Draft” of the binding UN treaty on BHR issues and proposes a three-part test of the effectiveness of such a treaty, focused on consultation with stakeholders, creation of proper BHR remedies, and corporate “due diligence” requirements.
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NGO Publishes BHR Priorities for 2019
January 08, 2019
The Institute for Human Rights and Business recently published a list of the top 10 most important business and human rights (BHR) issues in 2019, pushing businesses to help eliminate discrimination across society and increase reporting to investors on BHR issues.