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Reporting Initiatives Collaborate on "Sustainability" Agenda
July 31, 2017
Two major organizations that push corporate "sustainability" reporting, the Global Reporting Initiative and the Sustainability Accounting Standards Board, recently discussed their collaboration on initiatives allowing investors and a wide variety of other "stakeholders" access to information on companies' environmental and human rights impacts.
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EU Committee Seeks Approach to Taxing Sharing Economy
July 28, 2017
The European Economic and Social Committee (EESC) recently held a debate in which speakers expressed their concern that current tax rules are not appropriately taxing the sharing economy and in which an EESC agent proposed a "united taxation system in Europe" to ensure proper taxation of companies in this industry.
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UN Independent Experts Critique Peru on BHR
July 27, 2017
Following a 10-day visit to the country, a group of UN human rights mandate holders called on the Peruvian government to reform its handling of "social conflicts" related to business operations and called for "a new mechanism to protect human rights defenders" in line with the UN Guiding Principles on Business and Human Rights (BHR).
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Insurance Network Supports Climate Risk Disclosure
July 27, 2017
The Sustainable Insurance Forum, an international network of insurance supervisors and regulators, has announced its support of recommendations from a task force of the G20 Financial Stability Board calling for the analysis and disclosure of “climate risks and opportunities” in insurance investments.
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Committee Pushes EU Standards for Private Security
July 27, 2017
Members of the Foreign Affairs Committee of the European Parliament have approved a resolution calling for the development of EU minimum standards for private security companies that include rules requiring accountability, screening, and reporting of misconduct.
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