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HRW Calls for Binding Supply-Chain Treaty
June 14, 2016
Prior to a recent conference of the UN's International Labour Organization, Human Rights Watch called for the ILO and governments to support the creation of a global, binding treaty that would require companies to establish safeguards to prevent human rights violations in their supply chains.
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MEPs Praise Proposal for Corporate Tax Crackdown
June 14, 2016
Members of the European Parliament have welcomed a proposal from the European Commission on ensuring that multinational corporations operating in the EU cannot avoid taxation in EU jurisdictions, including through "internal lending" from a corporate branch in one country to a corporate branch in another.
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UN Pushes ESG Agenda in Credit Rating
June 14, 2016
As part of the UN's efforts to advance its environmental and social agendas in the financial industry, a group of credit rating agencies have signed a statement from the UN's Principles for Responsible Investment pledging to consider environmental, social, and governance (ESG) factors in their decisions on creditworthiness.
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NGO Warns of Climate Risks in Housing Sector
June 13, 2016
The nongovernmental organization Climate Institute has called on the Australian national, state, and local governments to lead efforts toward publicizing information it says insurers and banks are secretly holding regarding costly risks of climate change to homeowners in the country.
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UN Partners with Bank on Green Bond System
June 13, 2016
Bloomberg reports that the UN is partnering with French bank BNP Paribas to develop a credible market for "green bonds," which fund projects that use renewable energy to counter climate change.