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NGOs Seek Stronger French BHR Diligence Plan
December 15, 2016
A group of nongovernmental organizations called the European Coalition for Corporate Justice has praised a French bill, passed by the country's National Assembly, requiring corporate "due diligence" to counter business and human rights (BHR) impacts but calls for stronger provisions on remedies for alleged victims of BHR violations.
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Philippines Body Sets Hearings on Climate Rights
December 14, 2016
Reflecting the efforts of activists and international organizations to link climate change with the global human rights agenda, the Philippines Commission on Human Rights has announced that it will hold in April 2017 its first hearings on whether a group of major energy companies is responsible for the human rights impacts of global warming.
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GRI Launch Events Show Breadth of Reporting Standards
December 14, 2016
Through global launch events on six continents, the Global Reporting Initiative has demonstrated how it expects business leaders around the world to use its "ubiquitous" global standards for "sustainability reporting" to publicly disclose the impacts of their operations on the UN's sustainable development agenda.
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EU Promotes Investment in "Green Bond" Market
December 14, 2016
As the EU begins efforts to divert investment funds toward achieving the UN's Sustainable Development Goals, the European Commission outlines how it plans to promote "green bonds" - dedicated to providing finance to climate-friendly development projects - through the EU's planned "Capital Markets Union" and a High Level Expert Group on "sustainable finance."
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UN Summit Concludes with Broad Biodiversity Pledge
December 13, 2016
A recent UN summit in Mexico included a meeting of business representatives who promised to take into account biodiversity issues in their policies and ended in the adoption by more than 190 governments of the "Cancun Declaration," pledging to integrate biodiversity considerations in their "forests, fisheries, tourism and agriculture sectors."
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