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Committee Drafts International Standard on Security Providers
July 11, 2014
The International Organization for Standardization has created a new "Project Committee" to develop a set of standards it will push private security providers to follow with regard to human rights and humanitarian law.
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UN Meeting Pushes Businesses to Promote Sustainability Agenda
July 11, 2014
At a recent meeting of the UN Global Compact and entities associated with UN principles on investment and management education, the UN Secretary-General and others called for businesses to promote the international agenda on climate change and "sustainable" corporate practices.
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NCPs Discuss Duties of Finance of Extractives Sector
July 11, 2014
A group of National Contact Points ("NCPs") for the Organization for Economic Co-operation and Development's Guidelines for Multinational Enterprises recently joined a meeting at which they discussed the application of the Guidelines to financial industries with investments in the extractive sector.
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NGOs Claim Liability of Corporate Executives for Global Warming
July 10, 2014
Three nongovernmental organizations ("NGOs") have sent a letter to corporate executives of insurance and energy companies suggesting that, in future lawsuits, courts may hold them personally liable for the harms caused by climate change.
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NGO Criticizes Conflict Minerals Reporting as Insufficient
July 10, 2014
As U.S. companies release their first legally required reports on the use of "conflict minerals" from war-torn areas in Africa in their products, the nongovernmental organization ("NGO") Global Witness has complained that these reports do not sufficiently assess companies' use of these minerals.