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World Bank Makes New Repayment in Climate Bond Scheme
January 05, 2018
The World Bank reports on the impact of its Pilot Auction Facility following its second repayment of bonds issued under the scheme that seeks to incentivize investment by businesses in climate-friendly projects by providing a minimum price for carbon-emission credits.
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NGOs Seek Action on Extractives Industry in NAPs
January 05, 2018
The International Corporate Accountability Roundtable and the Due Process of Law Foundation have published global guidance to governments on how to address alleged rights violations committed by the oil, gas, and mining industries in their "National Action Plans" (NAPs) implementing the UN Guiding Principles on Business and Human Rights.
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Philippines Commission Plans Future of Climate Investigation
January 05, 2018
According the environmental activist organization Greenpeace, in December, the Philippines' Commission on Human Rights held a meeting at which it decided how to proceed with the investigation of several major energy companies for "human rights" violations related to their contributions to global warming and major weather events.
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Analysis Roots out Gaps in EU Non-Financial Reporting
January 05, 2018
Law organization Frank Bold has published an analysis of the implementation of the EU Non-Financial Reporting Directive in the UK, France, Germany, and Italy, finding that, while the new rules have extended corporate non-financial reporting in each country, governments must be clearer about which data is "material" and must therefore be included in reports.
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Report Tracks Progress of EU Corporate Reporting
January 05, 2018
CSR Europe and the Global Reporting Initiative have produced a report tracking the implementation by EU member states of the supranational organization's corporate Non-Financial Reporting Directive, in a bid to analyze the success of the initiative in forcing businesses to publicly disclose their social and environmental impacts.
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