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Analyst: Lawyers Should Explain Tax Avoidance Risks
November 30, 2015
Sudip Hazra, a research analyst from financial services firm Kepler Cheuvreux, calls on attorneys to explain the potential long-term risks to businesses of tax avoidance and why financial companies and investors have a fiduciary duty to disclose these risks to their clients.
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Consultant Pushes UK Law as Model for BHR Reporting
November 30, 2015
Steve Gibbons of business and human rights ("BHR") consultancy Ergon Associates writes that businesses should use recent UK legislation that will require companies to report on the use of forced labor in their supply chains as a model and an opportunity for increased public reporting on their implementation of global BHR standards.
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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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