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OECD Panel Pushes Corporate Climate Reporting
July 29, 2015
David Wynn of the consultancy Greenstone reports that a recent panel in Paris hosted by the Organization for Economic Co-operation and Development ("OECD") pushed corporate reporting standards for greenhouse gas emissions but also indicated the difficulty corporations face as countries and organizations issue a "plethora" of competing reporting standards.
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NGO Praises G7 for Corporate Grievance Mechanism Support
July 29, 2015
A statement from the nongovernmental organization OECD Watch applauds a declaration from the G7 group of countries to bolster their National Contact Points ("NCPs"), which serve as mechanisms that accept complaints on alleged corporate deviations from global standards, and calls for further strengthening of NCPs to pursue action against businesses.
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UK Law Society Launches BHR Program
July 29, 2015
The UK Law Society has announced that it is the first bar association in the world to adopt a program on the implementation of UN business and human rights ("BHR") standards in the legal profession.
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NGO Report Calls for "Climate Economy," Reporting Requirements
July 29, 2015
A recent report from the nongovernmental organization the Global Commission on the Economy and Climate calls for a "New Climate Economy" in which companies agree to greenhouse gas emission reduction targets and standards on reporting and verifying emissions.
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Consulting Firm Pushes Fossil Fuel Divestment Agenda
July 28, 2015
The global consulting firm Mercer has joined environmental activists and UN officials in a report warning that investors in companies and assets that are reliant on fossil fuels are taking on large risks as governments and international organizations ramp up efforts to take on climate change.
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