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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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EU Ministers Call for "Green" Asset Classification
March 26, 2018
EU finance ministers recently issued a statement calling for the inclusion of a "green" asset classification system, which would assist European investors in determining whether an investment would contribute to the global climate-change and "sustainability" agenda, in the EU's future "sustainable finance" strategy.
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IACHR Seeks Broad Policies Protecting Rights Defenders
March 26, 2018
The Inter-American Commission on Human Rights (IACHR) recently published a report calling on countries in the Americas to develop a "comprehensive policy" on the protection of human rights defenders, including from "stigmatization" and "the accompanying disparaging discourse," from private actors including corporations.
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GRI Presses Companies on Gender Reporting
March 23, 2018
Marking International Women's Day, the Global Reporting Initiative (GRI) issued a press release calling on companies to include in reporting on their implementation of the "sustainability" agenda the ways in which they are addressing gender inequality and identifying gender parity in business as a major factor in achieving the global Sustainable Development Goals.
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