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NGO Sues Canada over Violation of Climate Rights
December 14, 2018
Environmental activist organization ENvironnement JEUnesse has announced a class-action lawsuit on behalf of everyone in Quebec under age 35 alleging that the Canadian government’s failure to clamp down on corporate greenhouse gas emissions to combat global warming violates their fundamental rights.
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NGOs Seek EU Action on Investors’ “Sustainability” Reporting
December 14, 2018
A group of nongovernmental organizations recently published a letter to the EU Council calling for the body of EU member states to help clarify and expand the duties of investors in Europe to engage in due diligence and reporting of impacts of their funds on the global “sustainability” and climate change agenda.
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Oxfam Seeks EU Digital Tax that Delivers on “Tax Justice”
December 14, 2018
A press release from activist organization Oxfam pushes EU member states to agree to a “digital services tax” that would force tech companies to pay a minimum level of tax to fund social goals across Europe, warning that current proposals for the digital tax are “a blow for tax justice.”
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UBS Plans Social, Environmental Risk Assessments
December 14, 2018
Responding to calls from the movement for “socially responsible” investing, financial giant UBS Global Wealth Management has announced it will begin including environmental, social, and governance assessments in its 2019 reports to help clients gauge the exposure of their investments to risks like climate change.
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UN, Banks Publish “Principles for Responsible Banking”
December 13, 2018
The UN Environment Finance Initiative and 28 banks recently launched in Paris a set of Principles for Responsible Banking, a framework under which the banking industry is intended to mainstream the UN Sustainable Development Goals and Paris climate deal in their operations.
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