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Consultancy: UK Companies Fail on Labor Reporting
May 09, 2018
Consultancy Sancroft has published a report alleging that nearly half of the top 100 UK government contractors failed to meet legal requirements on their efforts to rid their "large and highly complex supply chains" of forced labor and calling on Britain to incentivize these companies to do more to end "modern slavery."
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Citigroup Pushes Business Clients on Gun Restrictions
May 09, 2018
The New York Times reports that, in response to broad pressure on corporations to take action against gun violence in the wake of the recent mass shooting in Parkland, Florida, banking giant Citigroup has announced it will require business clients who sell guns to halt firearm sales to customers who have not passed background checks or who are younger than 21.
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YouTube Bans Promotion of Firearm Sales
May 08, 2018
The New York Times reports that, after the recent mass shooting at a high school in Parkland, Florida, online video platform YouTube announced it would remove videos promoting the construction or sale of firearms and their accessories.
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MEPs, NGOs Push for BHR Focus in Sustainable Finance
May 08, 2018
A letter from Members of the European Parliament (MEPs) and nongovernmental organizations calls for the inclusion in an EU technical "sustainable finance" group stakeholders who can guide the group on how to fulfill the UN Guiding Principles on Business and Human Rights (BHR) while encouraging environmentally friendly investment.
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NGO Seeks Broad Application of Binding BHR Treaty
May 07, 2018
The German Institute for Human Rights has issued a position paper calling for the adoption of a binding UN treaty on business and human rights (BHR) issues that applies to all corporations, requires corporate "due diligence" to review and redress BHR impacts, and provides for the involvement by national human rights institutions in overseeing compliance with the treaty.