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Australian Government Reforms OECD Contact Point
December 10, 2018
In November, the Australian Treasury Department announced a series of reforms to the country’s National Contact Point for the OECD Guidelines for Multinational Enterprises, including the creation of an “Independent Examiner” and advisory board to increase the body’s independence and reduce its accountability to government.
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Ruggie: Facebook Must Do More to Comply with BHR Principles
December 10, 2018
Harvard Professor John Ruggie writes that, given the range of problems tech giant Facebook is facing, from allegations of electoral interference to allowing “murderous incitement” on its platform, the tech giant must alter its business model to work toward its pledge to comply with the UN Guiding Principles on Business and Human Rights (BHR).
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Global Bodies Seek to Merge Corporate Reporting Standards
December 07, 2018
In November, the Global Reporting Initiative and other organizations promulgating international corporate reporting standards launched a two-year project seeking to align their standards on “sustainability” reporting to produce consistent policies for businesses to use to report on their social and environmental impacts.
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Advisory Board Report Examines BHR Engagement by FIFA
December 07, 2018
In November, the International Federation of Association Football (FIFA) published the second report from its Human Rights Advisory Board - made up of representatives from the UN, NGOs, unions, and FIFA sponsors - examining the global body’s engagement with the business and human rights (BHR) agenda.
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Companies See Rise in Social-Activist Shareholder Resolutions
December 07, 2018
Joe Williams of the Washington Examiner writes that social-activist organizations are increasingly adopting a strategy of buying shareholder status at major companies to force businesses to respond to resolutions pursuing these activists’ social and environmental agendas.