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Big Corporations Lobby for a New EU Legal Regime
June 28, 2021
Researchers at Corporate Europe Observatory have discovered a report that reveals how banks, lobby groups, corporate lawyers and lobby consultancies are pushing for a new legal regime that would enable industry to bypass national courts when settling disputes with EU member states.
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Germany Passes Mandatory Human Rights Due Diligence Law
June 23, 2021
In a move that takes voluntary compliance to mandatory, the German parliament passed the “Law on corporate due diligence in supply chains” (“Lieferkettensorgfaltspflichtengesetz”) requiring companies implement policies to prevent human rights violations in their supply chains.
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Kotkin: The Rise of Corporate-State Tyranny
June 22, 2021
Joel Kotkin, writing for The Claremont Institute, explores how, as property and power further consolidate in the U.S., “diffusion of power” erodes and autocracy develops, creating a new alliance between large corporate powers, Wall Street, the government and media.
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U.S. Supreme Court Rules for Nestle, Cargill over Slavery Lawsuit
June 21, 2021
Overturning a lower court 2005 decision, The U.S. Supreme Court threw out a lawsuit accusing Cargill Inc and a Nestle SA subsidiary of perpetuating slavery at Ivory Coast cocoa farms, but avoided a broader ruling on the permissibility of suits accusing American companies of human rights violations abroad.
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Climate-Risk Disclosures on the Rise for U.S. Energy Companies
June 17, 2021
According to former US Secretary of Energy Ernest Moniz , as the ESG [environment, social and governance standards] movement continues to be a key factor among major investors, and the government’s intention to demand more climate risk disclosures, oil and gas companies will need to increase the pace of their energy transition to a low-carbon economy.
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