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GRI Creates Board on "Sustainability" Reporting
November 30, 2015
The Global Reporting Initiative ("GRI") has launched its Global Sustainability Standards Board, made up of labor, civil society, business, and other representatives, to develop worldwide standards for companies to report their progress in implementing the UN's environmental and social agenda.
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UN Seeks "Sustainability" Through Human Rights at Forum
November 25, 2015
At the recent UN Forum on Business and Human Rights ("BHR") in Geneva, the UN Global Compact pushed the concept that the UN's agenda on "sustainable development" can only be successful if businesses around the world agree to implement the UN's BHR principles.
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EU Committee Presses Companies on Tax Policies
November 25, 2015
At a recent hearing, members of the European Parliament Special Committee on Tax Rulings questioned business representatives on their alleged tax avoidance and considered whether the EU should mandate country-by-country reporting of corporate tax payments within the bloc.
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Investigation of Exxon Opens Legal Avenues for Activists
November 25, 2015
The New York Times reports that the New York Attorney General's investigation of whether energy company Exxon broke the law by allegedly providing misleading statements to its shareholders on risks related to climate change could open new paths to climate-related litigation against energy companies in US courts.
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Groups Seek Use of Global Standards in National Policy
November 18, 2015
The International Organization for Standardization, the International Electrotechnical Commission, and the UN Economic Commission for Europe recently convened a conference at which officials from these organizations promoted the use of international standards, often dealing with business conduct, in accomplishing national policy goals.