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Oxfam Calls for Global Response to US Corporate Tax Avoidance
April 22, 2016
Pointing to the use by large US corporations of offshore subsidiaries to store their funds, the nongovernmental organization Oxfam has called for governments around the world to collaborate "to end the era of tax havens" to fund the UN's social and environmental rights agenda and has argued for US corporate financial reporting on a country-by-country basis.
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Swiss BHR Initiative Clears Procedural Hurdle
April 22, 2016
A Swiss citizens' initiative launched by a coalition of nongovernmental organizations to require Swiss-based businesses to conduct human rights and environmental due diligence in their foreign operations, in line with the UN Guiding Principles on Business and Human Rights ("BHR"), has garnered enough signatures to require consideration by the Swiss Government.
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NGO Agrees to Develop BHR Action Plan for Mexico
April 21, 2016
The nongovernmental organization Danish Institute for Human Rights has signed a Memorandum of Understanding with Mexican Foreign Minister Claudia Ruiz Massieu Salinas to develop a National Programme on Business and Human Rights ("BHR") that implements UN and other global BHR standards among businesses operating in the country.
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Exxon Strikes Back Against Legal Pressure over Climate Science
April 21, 2016
The New York Times reports that, facing investigations from US state attorneys general and allegations from activist organizations that it knew of the climate change risks of its activities since 1957, energy company Exxon Mobil has struck back against a court filing by the US Virgin Islands attorney general by asserting that the filing constituted an abuse of process.
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NGO: Dutch Companies Violated Global Standards in Suez Project
April 21, 2016
The Centre for Research on Multinational Corporations has published a report accusing Dutch companies involved in a recent project to widen and deepen the Suez Canal of failing to abide by "international social and environmental standards," including those promulgated by the UN and the Organisation for Economic Co-operation and Development ("OECD").
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