Business & Human Rights

Companies Increasingly Adopt Climate-Related Disclosure Guidelines

December 14, 2017

237 companies worldwide have declared their support for the Task Force on Climate-related Financial Disclosures, which has developed a set of voluntary recommendations for companies to disclose information relevant to the future effects of climate change on financial investments.
OECD Pushes Bank to Cut Carbon Funding

December 13, 2017

According to the website Climate Liability News, the Organisation for Economic Co-operation and Development (OECD) responded favorably to a complaint from four nongovernmental organizations calling on Dutch bank ING to measure and cut its contributions to companies that produce greenhouse gas emissions.
Paper Seeks Canadian Push on Climate Disclosures

December 08, 2017

A policy brief published by the Centre for International Governance Innovation calls on Canadian authorities to implement the recommendations of the G-20 Task Force on Climate-related Financial Disclosures by requiring companies to include global warming-related risks in their financial disclosures.
Climate Commitments Fuel Emissions Lawsuits

December 08, 2017

An article in The Economist explains how the growing number of commitments by governments to climate change targets, including those made under the UN's Paris climate deal agreed in 2015, is fueling an expansion in "climate lawsuits" seeking to hold businesses and governments to account for their contributions to or failure to contain global warming.
Communities File IFC Complaint over Global Warming

December 08, 2017

The Manila Bulletin reports that a coalition of citizen groups and communities in the Philippines filed a complaint in October with the International Finance Corporation's (IFC) Compliance Advisor Ombudsman alleging that IFC investments in a Philippine bank that in turn invests in coal projects are contributing to the "death and destruction" caused by global warming.