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NGO, UN Develop "Discussion Framework" on Climate Risks
September 14, 2015
The nongovernmental organization World Resources Institute has announced cooperation with the UN Environment Programme on a "Carbon Asset Risk Discussion Framework" that will push investors to consider a wide variety of potential harms to their portfolios caused by global warming.
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Disclosure Rules Present Problems for Business
September 09, 2015
The New York Times reports that US rules requiring corporate disclosure of the use of "conflict minerals" from war-torn areas of Africa increasingly force businesses to navigate complex supply chains and seek help from lawyers, consultants, and others who can guide them through the disclosure process.
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G20 Adopts OECD Corporate Governance Standards
September 09, 2015
The Group of 20 ("G20") set of countries has adopted principles on corporate governance developed by the Organization for Economic Co-operation and Development ("OECD") that include such issues as financial disclosure, executive remuneration, and actions of institutional investors.
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Nestlé Announces "Sustainable" Chocolate Bar Production
September 09, 2015
As the UN and activists push an environmental and social agenda among companies around the world, food corporation Nestlé has announced that it will produce its chocolate candy bar KitKat using "sustainably sourced cocoa."
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Businesses Face Litigation over Disclosure Rules
September 02, 2015
Highlighting a lawsuit accusing Costco of violating the California Transparency in Supply Chains Act by selling prawns from Southeast Asia that were allegedly farmed using forced labor, attorneys from Squire Patton Boggs warn that businesses are increasingly at risk of litigation under multiplying corporate disclosure legislation and international standards.
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