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UNGA Adopts Global Governance on Debt Restructuring
September 17, 2014
The UN General Assembly ("UNGA") has adopted a resolution establishing an "international legal framework" that deals with government restructuring of sovereign debt and seeks to prevent "adverse human rights impacts" caused by financial companies attempting to collect this debt.
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WEF Guide Seeks Investments in "Positive Social Impacts"
September 17, 2014
The World Economic Forum ("WEF") has published a guide promoting "impact investing," which calls on for-profit businesses to produce a "transformational positive social impact" in their operations.
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ILO Pushes Partnerships on Labor Issues in Retail Industry
September 17, 2014
As part of the UN's initiatives pushing internationally developed labor standards, the UN's International Labour Organization ("ILO") has announced a partnership with retailer H&M to promote such standards, as well as the development of "employers' and workers' organizations" in the garment industry.
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UN Website Presses Businesses on Women's "Empowerment"
September 17, 2014
UN Women has launched a "business hub for gender equality" that uses company "success stories" in empowering women to push for companies around the world to go beyond legal requirements in promoting "gender-responsive" practices.
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WEF Pushes Businesses to Fight Climate Change
September 17, 2014
At a meeting organized by the World Economic Forum ("WEF") in China, government participants called on businesses, in the absence of any new legally binding international climate agreements, to fight climate change and fulfill the goal of achieving "common prosperity."
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