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US Foundation Launches Supply-Chain-Mapping Venture Fund
February 08, 2018
The Thomson Reuters Foundation reports that US foundation Humanity United, in partnership with corporations and the British government, has launched a $23-million venture fund called Working Capital to map the global supply chains of major companies and assist workers raise allegations regarding their subjection to forced labor.
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Chevron Questions Limited Scope of Cities' Climate Suit
February 08, 2018
Legal NewsLine reports that energy company Chevron has filed a third-party complaint against state-owned Norwegian oil company Statoil as it seeks to expand the scope of a lawsuit by various Californian municipalities alleging damages by a limited set of large oil and gas companies, including Chevron, related to their contribution to global warming.
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GRI Pushes Small Businesses to Report on "Sustainability"
February 08, 2018
The Global Reporting Initiative (GRI) has issued a press release explaining how its Competitive Business Program trains and coaches small and medium-sized enterprises in a set of developing countries how to publicly disclose their impacts on the global "sustainable development" agenda.
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London Business School Plans Institute for Social Issues
February 07, 2018
Highlighting pressure from international organizations and nongovernmental groups on businesses to embrace the global "sustainability" agenda, the Thomson Reuters Foundation reports that the London Business School is setting up an institute to "harness the power of business" to solve social problems in developing countries.
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EU Report Proposes Measures for "Sustainable" Investments
February 07, 2018
A report from the European Commission's High-Level Expert Group on Sustainable Finance proposes EU measures for encouraging investments from the financial system to fulfill the UN's "sustainable development" agenda, including through EU standards for such "sustainable" investments and investor disclosures on how sustainability factors into their decision-making.