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Article Pushes Business Transparency in Climate Efforts
February 25, 2016
An article in Time sets out criteria by which climate activists should judge corporate commitments to combat climate change, including whether commitments includes a pledge to publicly report on the companies' ongoing efforts.
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UN Business Network Prepares Local SDG "Action Plan"
February 25, 2016
UN Global Compact has announced the launch of its Local Network Sustainable Development Goal ("SDG") Action Plan, which will encourage the group's 80-plus local bodies to implement plans to advance the UN's comprehensive development agenda, including by establishing a "Pioneers" program honoring select companies that further the SDGs.
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Businesses Call on EU to Tighten Carbon Cap
February 25, 2016
BusinessGreen reports that some multinational companies operating in the EU are calling on the bloc's officials to place tight limits on the number of "allowances" granted to companies for their carbon emissions in order to fulfill the terms of the December 2015 UN deal on climate change.
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AI Criticizes "Obstacles" for Complaints at UK NCP
February 24, 2016
A review by Amnesty International ("AI") of the UK's National Contact Point ("NCP") for the OECD Guidelines for Multinational Enterprises calls on officials to limit obstacles the NCP has established that reduce the number of claims the body resolves and to provide for "consequences" for companies found to be in breach of the OECD Guidelines.
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OECD Launches Outreach Effort for Corporate Tax Initiative
February 24, 2016
The Organization for Economic Co-operation and Development ("OECD") has announced a forum for "associate" countries to work with members of the OECD and G20 groups to shape a global system of financial information sharing, which will seek to limit tax avoidance by multinational corporations.