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Academic: Binding BHR Treaty Should Focus on "Victims"
July 09, 2015
Surya Deva of the City University of Hong Kong School of Law has faulted the UN Guiding Principles on Business and Human Rights ("BHR") for insufficient focus on the needs of victims of BHR violations and has called for a binding treaty on BHR issues to be based on the "regulatory needs" of victims.
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Article Indicates Difficulty of Conflict Minerals Compliance
July 09, 2015
Journalist Hailey Lynne McKeefry writes that technology companies, which are investigating their African supply chains to fulfill their legal responsibilities to report on their use of "conflict minerals" under the US Dodd-Frank Act, are finding it more difficult to comply with the regulation than expected.
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Business Initiative Calls for National BHR Action Plans
July 09, 2015
The Global Business Initiative on Human Rights, comprised of 18 multinational enterprises, has called for countries to develop coherent and credible national action plans on business and human rights ("BHR") in order to advance the UN's BHR agenda around the world.
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NGO Seeks Treaty as Basis for International BHR Law
July 08, 2015
In a submission to the UN working group for development of a binding treaty on business and human rights ("BHR") issues, the Institute for Human Rights and Business has called for the group to coordinate its efforts with international organizations to build an "integrated body of international law" on BHR.
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NGO: Credit Rating Agencies Face Legal Risk over Climate
July 08, 2015
As the UN and environmental activists push financial institutions to advance their climate agenda, the Center for International Environmental Law has published a report warning credit rating agencies that they could face future legal action for failing to consider the impact of climate change in valuing fossil fuel companies.