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NGO Seeks End to Pervasive Corporate BHR "Impunity"
July 13, 2017
In its effort to spur on national and international policy reforms to strengthen the enforcement of the global business and human rights (BHR) agenda, the Business & Human Rights Resource Centre has issued its latest Corporate Legal Accountability Annual Briefing, spotlighting what it perceives to be the "impunity" of businesses that avoid accountability for BHR violations.
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UN Creates Bank Framework for Climate Reporting
July 12, 2017
Spurred on by recent recommendations of a G20 task force charged with examining the need for climate change-related disclosures by financial institutions, the UN Environment Programme and 11 major banks have announced a partnership toward assessing and reporting on climate risks in their portfolios.
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G20 Taskforce Pressures Companies to Disclose Climate Risk
July 12, 2017
The Group of 20 (G20) Financial Stability Board’s taskforce on climate-related financial disclosures has released a report calling on large corporations and investment firms to comply with extensive disclosure guidelines on “climate risk,” or face potential backlash from investors and ratings agencies.
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EU Commission Releases BHR Reporting Guidelines
July 12, 2017
Paul Davies and Michael Green of Latham & Watkins analyze European Commission guidelines proposing best practices for companies reporting their non-financial information, including their contributions to the global business and human rights (BHR) agenda, as required by EU law, and suggesting areas for further reporting, such as on "board diversity," that goes beyond EU requirements.
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NGO Produces Global "Case Map" on BHR Impacts
July 11, 2017
As part of activist pressure on multinational companies to perform extensive "due diligence" to address their human rights and environmental impacts, a new "Legal Case Map" supported by the Business & Human Rights (BHR) Resource Centre surveys cases in which companies have faced negative impacts related to forced labor in their operations or supply chains.
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