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OECD Considers Draft Guidelines for Apparel Industry Conduct
October 21, 2015
In a recent article, Sarah Labowitz discusses the effectiveness of the Organisation for Economic Co-operation and Development's ("OECD") draft guidelines for responsible business conduct in apparel and footwear supply chains, which call for companies to investigate the operations of their "sub-tier suppliers."
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Oxfam Pushes Action on Corporate Taxes at Lima Meeting
October 16, 2015
Oxfam called on finance ministers from the G20 group of countries, the International Monetary Fund, and the World Bank to spell out new international rules to counter tax avoidance by multinational corporations and to mobilize funding for climate-change projects at a recent meeting in Lima, Peru.
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IBA Holds BHR Discussions at Conference
October 16, 2015
At its annual conference in Vienna, the International Bar Association ("IBA") held two panels on the UN's business and human rights ("BHR") agenda, the first on the role of attorneys in implementing BHR principles and the second on advancing these principles in practice.
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HRW Criticizes Draft World Bank Framework
October 16, 2015
As pressure rises for banks and international finance institutions to implement business and human rights principles, Human Rights Watch ("HRW") has criticized the second draft of the World Bank's Environmental and Social Framework for failing to sufficiently provide for the protection of human rights.
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NGO Criticizes Limited Reach of OECD Tax Proposal
October 15, 2015
The nongovernmental organization Tax Justice Network has criticized the Organization for Economic Co-operation and Development ("OECD") for failing, in its recent corporate tax information sharing proposal, to require country-by-country reporting and to treat parent and subsidiary companies as part of a single entity.