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Campaign Pressures Investors on Climate Risk Management
July 25, 2017
The Guardian reports that, as part of the expanding agenda pushing financial institutions to publicly disclose the risks climate change poses to their portfolios, the Asset Owner Disclosure Project recently released an index rating asset owners and managers on a scale from "laggards" to "leaders" on how they manage financial risks related to global warming.
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Businesses Push G20 on Climate Disclosure
July 25, 2017
At an April World Economic Forum meeting in Geneva, a group of CEOs called on leaders from the Group of 20 countries (G20) to act on the findings of the global Task Force on Climate-related Financial Disclosure by expanding pressure on financial companies to publicly report the risks that global warming poses to their investments.
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UN Agent Investigates Tax Avoidance in Panama
July 25, 2017
In May, the UN Independent Expert on foreign debt and human rights Juan Pablo Bohoslavsky visited Panama to investigate how the country is handling "illicit financial flows" from businesses and individuals following the revelations of tax avoidance in the so-called "Panama Papers" leaked in 2015.
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NGO Seeks BHR Pressure on Development Banks
July 25, 2017
The nongovernmental organization Human Rights Watch has submitted a report to the UN Independent Expert on "the promotion of a democratic and equitable international order" calling on the mandate holder to pressure the World Bank and other development banks to incorporate the global business and human rights (BHR) agenda into their procedures.
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NGO Targets Tobacco Company over BHR Principles
July 24, 2017
Human Rights Watch has published a call for shareholders of British American Tobacco to pressure the company to perform "due diligence" to prevent negative human rights impacts in its global supply chain, including in the US, and to publicly report its progress on addressing violations of the UN Guiding Principles on Business and Human Rights (BHR).
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