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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.
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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.
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Norway Wealth Fund Pushes Energy Companies on Reporting
May 13, 2016
Reuters reports that the world's largest sovereign wealth fund Norges Bank has announced that it will vote for shareholder resolutions that would require oil and gas companies ExxonMobil and Chevron to publicly report how they are managing the risks of global warming to their operations.
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EU Publishes List of Non-compliant Corporate Carbon Emitters
May 13, 2016
The website Carbon Pulse reports that the European Commission has published a list of companies that it says did not comply with the EU's emissions trading system by failing to surrender sufficient carbon emission "offsets" to account for their greenhouse gas emissions last year.
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WEF Report Calls for Social, Environmental Construction Reforms
May 12, 2016
The World Economic Forum has issued a report calling for a "transformation" of the global construction industry, including through the adoption of climate-friendly and "socially responsible" standards.
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