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UN Agent Pushes Panama to Enhance Financial Reporting
August 03, 2017
After an official visit to Panama, UN Independent Expert on foreign debt and human rights Juan Pablo Bohoslavsky called on the country's authorities to require financial institutions to exercise "due diligence" in monitoring and reporting tax evasion to ensure they are not shielding corporate and individual funds that could be used to advance economic and social human rights.
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Paper: French Law Pursues BHR "Due Diligence" Principles
August 03, 2017
The International Bar Association (IBA) has published an article describing how a recently passed French law imposing a duty of "vigilance" on companies to monitor and report their efforts to reduce their negative global business and human rights (BHR) impacts is based in the corporate duty of "human rights due diligence" set out in the UN Guiding Principles on BHR.
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ISO Develops Global Standard on Climate Action
August 03, 2017
The International Organization for Standardization (ISO) has announced its development of a global standard on "greenhouse gas management" that will guide businesses and other organizations on developing a framework for action toward and public reporting on efforts to meet the UN's climate change and "sustainable development" targets.
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AU Develops Continental BHR Action Plan
August 03, 2017
According to Romola Adeola of McGill University's Centre for Human Rights and Legal Pluralism, the African Union's (AU) plans to develop a continent-wide action plan to implement the UN Guiding Principles on Business and Human Rights (BHR) will help countries address BHR issues relating to land acquisition and environmental pollution.
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NGOs File OECD Complaint over ING Climate Policies
August 03, 2017
A group of nongovernmental organizations has filed a complaint against ING Bank with the Dutch National Contact Point for the OECD Guidelines for Multinational Enterprises for violating the Guidelines by hindering the implementation of the UN's 2015 Paris climate deal through the bank's continued investment in fossil fuel companies.
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