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UK Commission Guides Corporate Boards on BHR Agenda
May 16, 2016
The UK Equality and Human Rights Commission has published a guide for boards of British companies on how to embed the UN's agenda on business and human rights in corporate practice and to report on their progress in addressing BHR impacts in their operations and supply chains.
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NGOs, Dutch Government Outline EU "Roadmap" on BHR
May 13, 2016
Following their conference on an EU Roadmap to Business and Human Rights, the Government of the Netherlands and various NGOs have called on the EU and its member states to integrate the UN Guiding Principles on BHR in their policies, including by easing access to remedy for alleged BHR violations and mandating BHR due diligence for companies operating in the EU.
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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.