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BOE Chief Calls for Progress on "Green Finance"
October 14, 2016
Reuters reports that Bank of England Governor Mark Carney has called for the German leadership of the G20 group of countries to focus on hastening the development of "green bond markets" that would steer investments away from fossil fuel projects and toward renewable energy.
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US Agency Investigates Exxon's Climate Pricing
October 13, 2016
The Wall Street Journal reports that the US Securities and Exchange Commission is investigating whether energy company Exxon sufficiently factors in the risk of global warming when pricing its fossil fuel-related projects.
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OECD Calls for Higher Carbon Taxes
October 13, 2016
Pushing for more collective action among countries in setting a floor for taxing greenhouse gas emissions, the Organisation for Economic Co-operation and Development has released a report characterizing taxation of such emissions in 41 different countries as too low to sufficiently propel industries to consider renewable energy sources.
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Academic Warns of Brexit Impacts on BHR Agenda
October 13, 2016
Anil Yilmaz Vastardis of the University of Essex writes that Britain's exit from the EU could permit the country's government to resurrect procedural obstacles for claims against multinational corporations based in the UK by overseas plaintiffs alleging violations of the business and human rights agenda.
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Media Company Produces Corporate Diversity, Inclusion Rankings
October 13, 2016
Using corporate environmental, social, and governance data on businesses around the world, media company Thomson Reuters has published a ranking of the top 100 publicly traded companies with the most "diverse and inclusive workplaces" to support financiers in choosing investment targets.
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