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EC Creates Group to Propose AI Ethics Standards
March 29, 2018
The European Commission (EC) has announced the creation of an expert group to propose guidelines for companies in ensuring that the development of artificial intelligence (AI) abides by ethical standards and the EU Charter of Fundamental Rights.
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EC Sets out "Sustainable Finance" Action Plan
March 29, 2018
The European Commission (EC) has produced an action plan describing how it will encourage the alignment of the EU finance sector with the UN Sustainable Development Goals (SDGs), including by pushing for recognition of a "duty" of investors to take the SDGs into account in their investment decisions and for corporate reporting on "sustainability" issues.
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EU Bodies, NGOs Launch Rules for Sustainable Ocean Finance
March 29, 2018
The European Investment Bank, in partnership with the European Commission and nongovernmental organizations, recently launched the Sustainable Blue Economy Finance Principles, a set of guidelines pushing the finance sector to embrace a broad social and environmental agenda related to ocean "sustainability."
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Ruggie Pushes for Swiss "Due Diligence" Rules
March 28, 2018
Identifying laws requiring corporations to perform "due diligence" on the human rights impacts of their operations and supply chains as the "new normal" in Europe and North America, Professor John Ruggie of Harvard University recently wrote in favor of an initiative seeking to impose due-diligence requirements on Swiss companies.
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NGO Announces Updates to BHR Benchmarking Method
March 28, 2018
The nongovernmental organization Corporate Human Rights Benchmark has announced updates to its methodology for the 2018 version of its global review of the compliance of companies from the agriculture, apparel, and extractives industries with the UN Guiding Principles on Business and Human Rights (BHR) and other global BHR initiatives.
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