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GRI Driving Corporate Action on SDGs
August 21, 2019
Global Reporting Initiative (“GRI”), an organization “that helps businesses, governments and other organisations understand and communicate their sustainability impacts” continues to collaborate with the United Nations and NGOs to increase SDG compliance reporting.
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OECD Considers Tax Apportionment Reform
August 20, 2019
The Tax Justice Institute is expressing progressive support for a shift to a global unitary corporate tax system, with apportionment of taxes being based on the location of a company’s employment and sales.
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Business Roundtable Redefines Purpose of a Corporation
August 20, 2019
Abandoning the long-standing principle of shareholder primacy, the Business Roundtable has released a new Statement on the Purpose of a Corporation, signed by 181 CEOs "who commit to lead their companies for the benefit of all stakeholders."
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Proposed International BHR Treaty Expands Business Obligations and Liabilities
August 16, 2019
The revised draft of the proposed international treaty on business and human rights greatly expands the scope of the proposed treaty, including application to all businesses and all human rights.
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Lawyer Explores Mandatory BHR Due Diligence Trend
August 14, 2019
Business and human rights (BHR) attorney Alison Berthet outlines the growth of a global legislative and regulatory movement to impose legal requirements on corporations to perform “human rights due diligence” to address BHR impacts in their global supply chains.