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GRI Touts 2017 Progress on "Sustainability" Standards
January 05, 2018
In a year-end review, the Global Reporting Initiative (GRI) explained its introduction of corporate reporting standards on the UN's "sustainable development" agenda to companies around the world and previewed its launch in 2018 of new "sustainability" standards on water, occupational health and safety, and corporate taxation.
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Development Banks Commit to "Mainstream" Climate Agenda
January 05, 2018
Members of the International Development Finance Club and the multilateral development banks - including the World Bank and International Monetary Fund - have issued a statement committing these institutions to "mainstreaming the sustainable development and climate agendas across all sectors" and to redirecting finance toward projects supporting the UN's Paris climate agreement.
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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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