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World Bank Launches Sustainable Development Notes
November 30, 2018
The World Bank recently announced that, in partnership with UBS, it would issue “sustainable development notes” that would underwrite risks taken by investors financing environmental, social, and governance (ESG) goals in line with the principles of the UN Global Compact business network and the UN Sustainable Development Goals.
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Activist Seeks Removal of UK Barriers to Foreign Lawsuits
November 30, 2018
In a recent article, William Meade of the Corporate Responsibility (CORE) Coalition argues that the UK should clarify its legal regime to ensure that claimants can successfully sue parent companies in British courts for the alleged human rights violations of their subsidiaries in foreign countries.
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UN Body Proposes Implementation Mechanisms for BHR Treaty
November 30, 2018
The UN Working Group on business and human rights (BHR) issues has created a draft protocol for potential adoption by national governments requiring them each to establish a National Implementation Mechanism to investigate and oversee compliance with a proposed BHR treaty.
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OECD Contact Point Receives Complaint over Coffee Production in Brazil
November 30, 2018
OECD Watch reports that a nongovernmental organization and a union recently filed a complaint with the Brazilian national contact point for the OECD Guidelines for Multinational Enterprises pushing for mediation with a group of food and coffee companies to resolve alleged poor treatment of workers in their supply chains.
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Mattel Partners with UN on TV Show’s SDG Promotion
November 30, 2018
The Los Angeles Times reports that Mattel and the UN are engaged in a collaborative project through which UN staffers assist in creating stories for the television show “Thomas & Friends” that promote the UN Sustainable Development Goals (SDGs), including by using “gender-sensitive language” and teaching children about the UN’s environmental agenda.
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