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Exxon Leaves ALEC After Clash over Climate Rules
August 02, 2018
The Hill reports that, following pressure from environmental activist groups and a clash over a proposed policy on federal greenhouse gas emissions regulations, energy giant Exxon Mobil has announced that it is following several other large US corporations in withdrawing from the American Legislative Exchange Council (ALEC).
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Working Group Examines Global Liability Rules for Seabed Mining
August 02, 2018
The Legal Working Group on Liability for Environmental Harm from Activities in the Area, a project jointly supported by the Canadian government and civil society, is developing legal issues the global community must address in developing universal liability rules for companies engaged in deep seabed mining.
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Bodies Issue Guidelines on Corporate Reporting for SDG Finance
August 02, 2018
At the recent Sustainable Development Goal (SDG) Business Forum, the Global Reporting Initiative, Principles for Responsible Investment, and the UN Global Compact published global recommendations on how corporate reporting can help expand private investment in the UN’s comprehensive social and environmental SDG targets.
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UN Group Publishes Draft Text of Binding BHR Treaty
August 01, 2018
The UN Working Group charged with developing a binding UN treaty on business and human rights (BHR) has published a draft instrument requiring states to hold businesses liable for BHR violations in their transnational activities and to mandate corporate due diligence regarding BHR impacts in business operations and supply chains.
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SDG Business Forum Seeks Small Business Buy-in
August 01, 2018
At the third annual Sustainable Development Goal (SDG) Business Forum, hosted in New York by two UN agencies and the International Chamber of Commerce, UN officials and other speakers focused on pushing small and medium-sized businesses to accept and contribute to the UN’s comprehensive “sustainable development” agenda.
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