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Academic Proposes World BHR Court
September 23, 2015
Professor David Bilchitz of the University of Johannesburg calls a global treaty on business and human rights ("BHR") a "moral and legal necessity" and proposes that it require countries around the world to hold companies liable for BHR violations or establish a world court that would adjudicate such violations.
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NGOs Criticize Asian Bank's Nonfinancial Impact Plan
September 23, 2015
A group of nongovernmental organizations ("NGOs") has published a letter to the Asian Infrastructure Investment Bank ("AIIB") calling for more extensive and interactive consultations with communities on how the AIIB will take environmental and social factors into account when making investment decisions.
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EU Advances Israeli Settlement Product Labeling Plan
September 22, 2015
NPR reports that EU officials are moving forward with a plan to mandate the labeling of Israeli products originating in settlements in the West Bank, Golan Heights, and East Jerusalem.
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Paper Documents Market Responses to EU Disclosure Directive
September 22, 2015
A recent academic article on the market effects of an EU directive mandating the disclosure by companies of certain social and environmental information documents the negative market reactions to the directive among investors in companies with currently low disclosure levels and companies with weak nonfinancial performance.
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NGOs Promote Action Plans to Advance BHR Agenda
September 22, 2015
In a recent paper, representatives from the Danish Institute for Human Rights and the International Corporate Accountability Roundtable promote national action plans ("NAPs") as an effective way to advance activists' agenda on business and human rights ("BHR") and advise countries on NAP elements that will help these plans succeed.
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