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Academic Institutes Hold BHR Researchers Summit
April 15, 2016
The Institute of Business Ethics at the University of St Gallen, Switzerland, the Business and Human Rights ("BHR") Journal, and the Center for BHR at New York University recently held a BHR Young Researchers Summit in Switzerland to discuss projects to advance research and practical responses in the BHR field.
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Oxfam Criticizes IFC Investments in Corporate Tax Avoiders
April 15, 2016
A press release from the nongovernmental organization Oxfam asserts that a large proportion of investments from the World Bank's International Finance Corporation ("IFC") in sub-Saharan African development go to companies that keep money in "tax havens" and calls for the IFC to only invest money in companies with "responsible corporate tax practices."
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GRI Pushes Stock Exchange, Government Reporting Requirements
April 15, 2016
The Global Reporting Initiative ("GRI") has published a press release applauding efforts from stock exchanges and governments around the world to set out guidelines and, in some cases, requirements for businesses to report on "environmental, social, and governance" factors in addition to their financial information.
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GRI Builds Network to Advance "Sustainability" Agenda
April 14, 2016
In a recent press release, the Global Reporting Initiative ("GRI") explains how it works with a network of UN agencies, governments, stock exchanges, and other organizations to pressure businesses to engage in reporting on and fulfillment of the UN's comprehensive Sustainable Development Goals.
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EU Proposes Country-by-Country Corporate Tax Reporting
April 14, 2016
Politico reports that a European Commission proposal would require multinational companies operating in the EU with a turnover exceeding EUR 750 million to report taxes they pay and other financial information for each EU country in which they operate and for every country outside the EU that, according to the Commission, does not "abide by tax good governance standards."