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Exxon Funds US Campaign to Tax Carbon Emissions
October 10, 2018
Showing increased pressure from the UN and nongovernmental organizations on corporations to align their policies with the Paris climate accord, Bloomberg reports that energy giant Exxon Mobil will invest $1 million in a political campaign lobbying the US government for the taxation of corporate greenhouse gas emissions.
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IKEA Faces Employment Complaint in OECD Contact Point
October 03, 2018
The UNI Global Union and other workers' organizations have filed a complaint with the Dutch National Contact Point for the OECD Guidelines for Multinational Enterprises accusing furniture giant IKEA of failing to prevent store managers in the US, Ireland, and Portugal from interfering with employees' right to collective bargaining.
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NGO Report Seeks Investor Pressure for Climate Policies
September 26, 2018
The Grantham Research Institute on Climate Change and the Environment and Harvard’s Initiative on Responsible Investment have produced guidance explaining how investors should accelerate a “just transition” away from greenhouse gas emissions by pushing companies to reduce and report on climate risks in their operations.
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UN Launches Digital Platform on Corporate SDG Action
September 19, 2018
The UN Global Compact, a “corporate sustainability” network aimed at advancing the UN’s social and environmental goals among the business community, has launched a digital platform called the Academy as a new tool to train business leaders how to help the UN achieve its expansive Sustainable Development Goals (SDGs).
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NGO Rankings Pressure Pension Funds on Climate Action
September 11, 2018
A nongovernmental initiative called the Asset Owners Disclosure Project has published a ranking of climate action by the world’s largest public pension funds, warning that 60 percent of these funds have “little or no strategy” on how they plan to comply with the global agenda aiming to restrict corporate greenhouse gas emissions.