Business & Human Rights

OECD Action Plan Promotes Global Governance of Businesses

June 22, 2015

The Organisation for Economic Cooperation and Development (“OECD”) has published its Action Plan on Base Erosion and Profit Shifting (“BEPS”), the tax policy action items of which include an extensive country-by-country corporate revenue and tax policy reporting requirement and the adoption of an international treaty.
Garst: OECD BEPS Project Threatens Tax Competition and Economic Liberty

June 22, 2015

In a new paper, the Center for Freedom and Prosperity's Brian Garst explains how, through its Base Income and Profit Shifting ("BEPS") Project, the OECD is engaging in a war against tax competition that will enable "endless global fishing expeditions and provide cover for governments to choke the economy with new taxes."
NGO Calls for Bolstered NCP Corporate Review Process

June 17, 2015

The nongovernmental organization ("NGO") OECD Watch has called for OECD National Contact Points ("NCPs") to do more to ensure corporate accountability for alleged human rights violations and environmental harm, along with material consequences for corporations' refusal to participate in the NCP process.
UN Calls for Businesses to Make Climate Commitments

June 17, 2015

The UN Environment Programme has issued a report in which it calls for businesses and sub-national governments to bind themselves to voluntary commitments to reduce greenhouse gases in order to counter global warming.
NGOs: Ban Oil and Gas Companies from Climate Talks

June 17, 2015

Reuters reports that a group of environmental nongovernmental organizations ("NGOs") are calling for a ban on the participation of oil and gas companies in upcoming negotiations over a binding global agreement to reduce greenhouse gas emissions.