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G20 Ministers Endorse OECD Tax Proposals
October 27, 2015
At a recent meeting in Lima, Peru, finance ministers from the G20 group of countries endorsed the Organization for Economic Co-operation and Development's ("OECD") proposal for global rules governing tax-information exchange among countries to prevent tax avoidance by corporations.
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NGOs Call on Extractive Initiative to Advance Climate Agenda
October 21, 2015
A letter from a group of nongovernmental organizations calls on the Extractive Industry Transparency Initiative ("EITI"), which promotes "open and accountable management of natural resources," to include provisions businesses should follow on reducing the dangers of climate change.
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NGO Threatens Climate Litigation Against Corporate Directors
October 21, 2015
CEO of nongovernmental organization ("NGO") ClientEarth James Thornton writes that his NGO will pursue litigation against corporate directors who "fail to protect their investors from the challenge" of global warming.
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OECD Considers Draft Guidelines for Apparel Industry Conduct
October 21, 2015
In a recent article, Sarah Labowitz discusses the effectiveness of the Organisation for Economic Co-operation and Development's ("OECD") draft guidelines for responsible business conduct in apparel and footwear supply chains, which call for companies to investigate the operations of their "sub-tier suppliers."
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Oxfam Pushes Action on Corporate Taxes at Lima Meeting
October 16, 2015
Oxfam called on finance ministers from the G20 group of countries, the International Monetary Fund, and the World Bank to spell out new international rules to counter tax avoidance by multinational corporations and to mobilize funding for climate-change projects at a recent meeting in Lima, Peru.