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NGOs Ramp up Pressure on Supply Chain Reporting
February 01, 2017
Patricia Carrier and Joe Bardwell of the Business & Human Rights (BHR) Resource Centre signal how nongovernmental organizations are scrutinizing legally mandated public reporting by UK businesses on forced labor in their complex supply chains and assert that this UK disclosure regime is part of a global wave of corporate BHR reporting requirements.
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EU Financial Scrutiny Rules Face Privacy Concerns
February 01, 2017
Politico reports that the European Parliament's Economic and Monetary Affairs Committee has delayed a vote on proposed EU legislation seeking to discourage tax avoidance by requiring public reporting of the ownership of trusts, based on concerns regarding the right to privacy of the trust owners.
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UN Chief: Companies Must Help Fulfill Climate Agenda
January 30, 2017
In remarks to the 2017 World Economic Forum in Davos, Switzerland, UN Secretary-General Antonio Guterres called on businesses to play their "absolutely essential role" in partnering with governments and international organizations in helping to fulfill the UN's climate change and "sustainable development" agendas.
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NGO Calls for More Climate Pressure on Suppliers
January 30, 2017
Reuters reports that the nongovernmental organization CDP has released a study asserting that more businesses must take action pressuring companies within their supply chains on reducing their greenhouse gas emissions to achieve global goals on combating climate change.
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Governments Consider "Green Bonds" to Fulfill Global Pledges
January 27, 2017
Bloomberg reports that governments are increasingly exploring the use of "green bonds," touted by UN officials and environmental activists as useful instruments to move investments from fossil fuels to "clean" energy projects, to help fulfill their commitments under the UN climate deal agreed in Paris in 2015.
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