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EU Commissioner Seeks Corporate Tax Clampdown
April 11, 2016
European Commissioner for taxation Pierre Moscovici has elaborated the Commission's plans for halting corporate tax avoidance, including by imposing entry and exit taxes for the shifting of corporate earnings to low-tax countries, country-by-country reporting of financial figures, and an exchange of tax information by EU member states.
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US Forces Exxon Vote on Climate Resolution
April 11, 2016
Reuters reports that, rejecting the energy company's claims that it already provides sufficient disclosure on its greenhouse gas emissions, the US Securities and Exchange Commission has denied Exxon's request to keep a resolution that would require full disclosure of the risks of climate change to the company from a shareholder vote.
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ISO Publishes Standard on Environmental Statements
April 11, 2016
The International Organization for Standardization ("ISO") has published a new edition of a standard, aimed in part at pushing for more environmentally friendly production techniques, that seeks to standardize statements on product labels containing assertions on the product's environmental impact.
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China Tightens Rules on Impact Assessments
April 08, 2016
As the UN and activists ramp up pressure on governments and businesses to perform comprehensive environmental and human rights impact assessments before undertaking projects, China's Ministry of Environmental Protection has announced more stringent guidelines on enforcing environmental impact assessment requirements.
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NGO Rates Tech Companies on Supply-Chain Efforts
April 08, 2016
The nongovernmental organization Know the Chain has selected 20 information and communications technology companies to rate based on their performance in taking action against forced labor in their supply chains.