Business & Human Rights

UN Pushes Harmonization of Climate and Finance Policy

October 29, 2014

The UN Environment Programme Finance Initiative has co-authored a report calling for global financial institutions and central banks to take into account risks due to global warming in financing business activities that may influence the environment.
Finland Launches National Action Plan on BHR

October 29, 2014

The Government of Finland has released a report containing its national action plan on the implementation of the UN Guiding Principles on Business and Human Rights ("BHR").
World Bank Pushes Businesses to Fund Sustainability Agenda

October 22, 2014

The World Bank recently held a set of meetings at which it placed pressure on businesses to finance the UN's "ambitious" sustainable development agenda, which will include provisions on combating climate change and redistribution of wealth from developed to developing countries.
Paper: Governments Fail to Advance Global Governance Under UNGPs

October 22, 2014

A paper by Susan Ariel Aaronson and Ian Higham argues that governments are failing to pressure businesses to carry out their responsibilities under the UN Guiding Principles on Business and Human Rights ("UNGPs"), a mechanism advancing global governance of business and human rights issues.
U.K. Joins International Extractive Transparency Initiative

October 22, 2014

The Extractive Industries Transparency Initiative ("EITI") has accepted the U.K.'s application to become a candidate country in the initiative, which will bind the Government to report the revenues it receives from oil, gas, and mineral companies and to require financial reporting from these companies.