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Chinese Industry Faces Blowback over Foreign Coal Projects
August 09, 2017
The Los Angeles Times reports that China, recently heralded by the UN and national leaders as a "global leader in climate action, is facing criticism from environmental activists both for being the world's largest greenhouse gas emitter and financing, through its state-owned companies, nearly 100 coal-powered projects throughout Asia.
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HRW Seeks BHR Investigator for Canadian Extractives
August 09, 2017
The nongovernmental organization Human Rights Watch has published a submission to the UN Working Group on business and human rights (BHR) calling on the body to pressure Canada to appoint an independent ombudsperson to investigate and report on alleged, global BHR violations by Canadian oil, gas, and mining companies.
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ILO Develops Global Network on Labor Practices
August 09, 2017
The International Labour Organization (ILO) has announced the development of a Global Business Network on Forced Labour and Human Trafficking that will create tools for companies to use to combat forced labor and to push businesses to perform "due diligence" on labor practices in their global supply chains.
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UNGC Seeks Business Climate Action in Absence of US
August 09, 2017
Following US President Donald Trump's decision to withdraw the US from the UN's Paris climate deal, UN Global Compact (UNGC) Executive Director Lise Kingo asserted that UNGC would double down on persuading US and other businesses, as well as state and local governments, to reduce their carbon emissions and report on their efforts to combat global warming.
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OECD Champions Corporate, Financial Global Governance
August 09, 2017
The Organisation for Economic Co-operation and Development (OECD) has released a report calling for more global governance of corporate and financial policies, facilitated by institutions like the OECD, to produce a "common set of transparent principles" perceived by all as "fair."
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