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UN Officials Tout Initiatives for Gender Equality in Business
March 27, 2018
UN Development Programme (UNDP) Administrator Achim Steiner and Executive Director of UN Women Phumzile Mlambo-Ngcuka outline the UNDP's Gender Equality Seal, certifying companies sufficiently committed to gender parity, and the UN Women's Empowerment Principles as ways in which the UN is seeking to end discrimination against women in the private sector.
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Dutch Report Reviews Progress on BHR Initiatives in Europe
March 27, 2018
The Dutch government recently commissioned a study examining the extent to which the EU institutions and five European governments have worked toward implementing business and human rights (BHR) initiatives in line with the UN Guiding Principles on BHR, noting progress in areas such as BHR due diligence and corporate reporting requirements.
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Shareholders Push Rio Tinto on Coal Lobbying
March 27, 2018
The Guardian reports that shareholders in Australian-British mining group Rio Tinto, including large, institutional investors, are pushing the company to end its membership in various trade groups that lobby for government policies in favor of coal production that they say threaten the global climate-change agenda.
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French Asset Management Firm Divests from Tobacco
March 26, 2018
FT Adviser reports that the asset management arm of French bank BNP Paribas is excluding tobacco companies from a range of active investments as part of the company's move toward "ethical and socially responsible investing."
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BlackRock Targets Gun Companies with Divestment Threat
March 26, 2018
The Independent reports that investment management firm BlackRock has announced it is offering its clients the option of pulling their investments from gun manufacturers in response to the recent school shooting in Parkland, Florida, and will use its ownership stake in these companies to pressure them to introduce policies aimed at preventing mass shootings.
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