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SEC Reconsiders Implementation of Minerals Rule
March 15, 2017
The Acting Chairman of the US Securities and Exchange Commission (SEC) Michael Piwowar has announced that the SEC is reconsidering the implementation of a "misguided" corporate disclosure rule for the use of "conflict minerals" from war-torn areas of Africa, given the resulting boycott of some African minerals and costs imposed on legitimate mining operations.
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Businesses Face Pressure to Promote Rights Agenda
March 14, 2017
An article in The Washington Post explores the impacts of social media platforms and other factors in increasing public pressure on business leaders to take a position on issues involving "human rights," particularly when activists perceive businesses as having a stake in these rights.
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NGO: US Discovery Rules Aid Foreign BHR Cases
March 14, 2017
The nongovernmental organization EarthRights International describes how alleged victims of business and human rights (BHR) violations outside the US can use the US Foreign Legal Assistance Statute to compel companies to turn over evidence for use against them in foreign litigation.
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France Passes Business Due Diligence Law
March 14, 2017
EurActiv reports that the French Parliament has passed a law requiring multinational companies to develop due diligence procedures monitoring human rights and environmental impacts of their subsidiaries and in their supply chains.
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Academics Seek Larger EU Role in BHR Action
March 14, 2017
A paper published by the European University Institute calls for the EU to initiate an "Open Method of Coordination" process to encourage and benchmark the development by member states of effective "national action plans" on implementing the UN Guiding Principles on Business and Human Rights (BHR).
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