Business & Human Rights

MEPs Approve Country-by-Country Tax Reporting

May 18, 2016

Members of the European Parliament have approved a proposal requiring corporations to report their financial information on a country-by-country basis in the EU as "a positive step in the fight against aggressive corporate tax planning" and called for the governments of EU members to give the European Commission access to the reported financial information.
UK Commission Guides Corporate Boards on BHR Agenda

May 16, 2016

The UK Equality and Human Rights Commission has published a guide for boards of British companies on how to embed the UN's agenda on business and human rights in corporate practice and to report on their progress in addressing BHR impacts in their operations and supply chains.
NGOs, Dutch Government Outline EU "Roadmap" on BHR

May 13, 2016

Following their conference on an EU Roadmap to Business and Human Rights, the Government of the Netherlands and various NGOs have called on the EU and its member states to integrate the UN Guiding Principles on BHR in their policies, including by easing access to remedy for alleged BHR violations and mandating BHR due diligence for companies operating in the EU.
NGOs Seek More Robust Minerals Reporting at OECD

May 13, 2016

A group of NGOs issued a statement for participants in a recent Organisation for Economic Co-operation and Development forum on mineral supply chains calling on the OECD to ramp up monitoring of reporting on conflict minerals policies and on governments and businesses to adequately address human rights issues in their mineral supply chains.
S&P Threatens Bank Credit Downgrades for Climate Inaction

May 13, 2016

Website Climate Home reports that credit rating agency S&P has threatened to lower its rating of banks that fail to take into account the risks of climate change in their funding of fossil fuel and energy projects.