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Report Pushes Standards on Forced Labor in Supply Chains
December 30, 2015
A report from nongovernmental organizations and an investment firm calls for companies to implement a number of high standards, including reporting requirements and pressure on suppliers, in order to avoid legal risks caused by forced labor and human trafficking in corporate supply chains.
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UN Signs up Companies to Climate Targets
December 30, 2015
The UN Global Compact has announced that 114 companies, including Coca-Cola, Walmart, and Kellogg, have signed on to its Science-Based Targets Initiative, which sets corporate greenhouse-gas emissions targets to limit global warming to a rise of two degrees celsius, and has launched a platform to measure emissions data reported by businesses.
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GRI Furthers US Corporate Reporting Through Roundtables
December 29, 2015
The Global Reporting Initiative ("GRI") is pushing reporting on the implementation of the UN's "sustainability" agenda by US businesses by establishing a "GOLD Roundtables Program" comprised of meetings in Atlanta and San Francisco among business leaders who will learn GRI's reporting techniques.
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Law Organizations Seek out BHR Treaty Options
December 29, 2015
An article from Professors Anita Ramasastry of the University of Washington School of Law and Doug Cassel of Notre Dame Law School, requested by the American Bar Association and the Law Society of England and Wales, considers various options for a global binding treaty on business and human rights ("BHR").
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UN Presses for Business Action at Climate Forum
December 29, 2015
The UN Global Compact has announced a slew of climate-change-related commitments it drew from businesses at its annual "Caring for Climate Business Forum" during the recent UN climate talks in Paris, including pledges from investment firms to include climate-change information in their reports.