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NGO Pushes Business Contributions to Climate Fund
June 11, 2015
An analysis from the nongovernmental organization World Resources Institute seeks an expanded contribution from businesses to a global climate fund that would finance the reduction of greenhouse emissions and build climate-resistant infrastructure in developing countries.
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AI Calls for African Corporate Monitoring Bodies
June 11, 2015
At the recent World Economic Forum meeting in South Africa, Amnesty International ("AI") pushed for a set of international monitoring bodies that would monitor businesses in Africa on issues it argues have human rights impacts, including land acquisitions and corporate tax avoidance.
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G7 Countries Support Global BHR Agenda
June 10, 2015
In a recent statement by leaders of the G7 group of countries, under the heading "Responsible Supply Chains," the leaders called for advancement of the UN business and human rights ("BHR") agenda, adoption of BHR national action plans, and requirements that companies perform human rights due diligence.
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CIGI Seeks Standardized Financial Risk Disclosure on Climate
June 10, 2015
The Centre for International Governance Innovation ("CIGI") has published a report calling for the standardization of a financial disclosure regime under which companies would be required to disclose investment risks caused by global warming.
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OECD Promotes Guidelines on Sustainability Investments
June 10, 2015
A task force established by the Organization for Economic Co-operation and Development ("OECD") has produced a set of guidelines seeking to place pressure on countries to attract "sustainable investment," including in support of "green growth."