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GRI, CSE Partner to Push Companies on Public Reporting
May 21, 2018
The Global Reporting Initiative (GRI) has announced a partnership with the Colombo Stock Exchange (CSE) to train companies listed on the CSE to engage in public reporting, using GRI "sustainability" standards, on their environmental, social, and governance impacts.
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EU Members Split on Shipping-Emissions Policy
May 18, 2018
An article in Politico highlights the division among EU member states regarding the bloc's negotiating position at an upcoming summit of the International Maritime Organization’s Marine Environment Protection Committee designed to rein in greenhouse gas emissions from the global shipping industry.
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UN Group Calls for BHR Implementation in Thailand
May 18, 2018
Following an official visit to Thailand, the UN Working Group on Business and Human Rights (BHR) issued a statement calling on the country's government to perform BHR and environmental impact assessments for infrastructure projects and to do more to bolster judicial and non-judicial redress for alleged BHR violations.
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EU Tax Plan Aims for "Fair" Global Tax System
May 18, 2018
French politician Eva Joly and Sorley McCaughey of the nongovernmental organization Christian Aid assert that long-term plans outlined by the European Commission to tax digital companies based on where their economic activity takes place will help establish a "fair" tax system where more revenue is available for low-income countries and for "social equity" programs.
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US Judge Rejects Exxon Lawsuit Against State AGs
May 18, 2018
The New York Times reports that a federal judge in New York has rejected a lawsuit by energy giant Exxon seeking to limit investigations pursued by a group of state attorneys general regarding Exxon's knowledge of its contributions to global warming on the ground that the state officials were pursuing the investigation in bad faith.