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NGOs Criticize Investments by UN Pension Fund
June 26, 2018
An investigation by The Guardian has prompted human rights and environmental activists to criticize managers of the UN's staff pension fund for investing in companies, ranging from energy company Shell to banks HSBC and Barclays, they say are involved in activities that are "incompatible with core UN principles and programmes" such as corruption and pollution.
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Wells Fargo Plans $200 Billion for "Sustainability"
June 26, 2018
Wells Fargo has announced that, as part of the UN's plans for worldwide investments into climate-friendly projects, the US multinational bank will invest $200 billion in "climate action and sustainability" by the year 2030 and regularly report on its progress in compliance with standards issued by the global Task Force on Climate-related Financial Disclosure.
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FIFA Pledges to Offset World Cup Carbon Emissions
June 26, 2018
The International Federation of Association Football (FIFA) recently announced that it would work with UN bodies to fund projects aiming to offset the greenhouse gas emissions created by travel of attendees to this year's World Cup, in an effort to help fulfill the goals of the 2015 UN Paris climate deal.
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Businesses Seek UN Approval of Climate Targets
June 26, 2018
A press release on the UN's climate website spotlights the decision by 103 corporations to subject their reduction targets for greenhouse gas emissions to "official validation" by the joint UN- and nongovernmental organization-led Science Based Targets Initiative, as a growing number of businesses embed the goals of the UN's Paris climate accord in their operations.
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NGO Blasts Unencrypted Messaging Service as Rights Violation
June 25, 2018
Amnesty International has published a review of a new Google messaging service labeling the lack of end-to-end encryption on the system a "staggering failure to respect the human rights of its customers" by not providing greater protection of users' communications from "government spies."
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