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NGO Initiative Ranks Companies on BHR Implementation
April 01, 2016
Forbes reports that a new initiative called the Corporate Human Rights Benchmark will pressure businesses to adopt the global business and human rights ("BHR") agenda by selecting 100 companies from various industries, evaluating them according to information they have disclosed, and ranking them according to their human rights performance.
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BP Implements Activists' BHR Agenda
April 01, 2016
The CEO of the nongovernmental organization Human Rights at Sea, David Hammond, has published an article highlighting how energy company BP, in the face of pressure from the UN and activists, has embraced the global business and human rights ("BHR") agenda, including by undertaking BHR due diligence and committing to external audits.
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Activists Criticize Climate Fund's Partnership with Banks
April 01, 2016
The website Climate Home has published an article describing criticism from environmental activists over the decision of the UN's Green Climate Fund to partner with banks HSBC and Credit Agricole in doling out money for "low carbon investments" in light of the banks' "heavy" investments in the coal industry.
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World Bank Pushes More Accessible Extractive Data Reporting
March 31, 2016
At the recent Extractive Industries Transparency Initiative ("EITI") Global Conference, the World Bank released a report calling on countries to engage in reporting practices regarding the financial and other information they publish as part of EITI that make it more accessible for civil society and academia.
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NGO Calls for UN Mechanism on Medicine Access
March 31, 2016
The nongovernmental organization Transnational Institute has submitted a proposal to the UN Secretary‐General’s High‐Level Panel on Access to Medicines calling for the Panel to recommend the creation of a mechanism that would hold businesses responsible for violating human rights by failing to provide sufficient access to their medicines around the globe.