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Stock Exchange Federation Releases Sustainability Reporting Guide
July 11, 2018
The Global Reporting Initiative (GRI) has applauded the World Federation of Exchanges’ publication of revised sustainability guidance for its member stock exchanges, setting out 30 environmental, social, and governance metrics on the basis of which companies should publicly disclose their social and environmental impacts.
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Academic: AI May Become Tool for Gender Inequality
July 10, 2018
Professor Bettina Büchel of IMD Business School in Switzerland argues that companies must account for the risk that artificial-intelligence (AI) technologies may exacerbate gender inequality if they base employment and other decisions on "underlying biases" already prevalent in society.
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EU Legislator Pushes for Rules Requiring Corporate Rights Observance
July 09, 2018
Member of the European Parliament Heidi Hautala calls on the European Commission to produce legislation binding EU-based companies to perform due diligence to determine the human rights risks related to their foreign operations and requiring them to provide access to remedies for victims of alleged human rights abuses.
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Academic: Finance Industry Must Develop "Social Conscience"
June 28, 2018
Professor David Kinley of Sydney University asserts that finance companies bear a responsibility to "find a social conscience" and remove their investments from companies that do not embed the global human rights agenda in their operations and thus fail to operate with a so-called "social license."
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NGO Calls for Disclosure of Extractives Deals
June 28, 2018
The nongovernmental organization Oxfam has called for all extractives companies to commit to publish the terms of their oil, gas, and mining contracts with governments to expose potentially corrupt deals and provide fodder for civil society criticism that these companies are not doing enough to fund economic and social rights in the countries in which they operate.
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