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GRI Links Reporting Standards to UN's BHR Agenda
December 14, 2015
The Global Reporting Initiative ("GRI") has published a document seeking to demonstrate how companies can comply with the UN Guiding Principles on Business and Human Rights ("BHR") by following GRI "G4" standards on public reporting of human rights and other information.
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GRI Pushes Australian Companies on Climate Change
December 01, 2015
The Global Reporting Initiative ("GRI") asserts that Australian companies, based on the information they publicly report, are not doing enough to manage risks related to global warming and has issued guidance on how these companies can report their implementation of the global "sustainability" agenda.
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Consultant Pushes UK Law as Model for BHR Reporting
November 30, 2015
Steve Gibbons of business and human rights ("BHR") consultancy Ergon Associates writes that businesses should use recent UK legislation that will require companies to report on the use of forced labor in their supply chains as a model and an opportunity for increased public reporting on their implementation of global BHR standards.
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GRI Creates Board on "Sustainability" Reporting
November 30, 2015
The Global Reporting Initiative ("GRI") has launched its Global Sustainability Standards Board, made up of labor, civil society, business, and other representatives, to develop worldwide standards for companies to report their progress in implementing the UN's environmental and social agenda.
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EU Committee Presses Companies on Tax Policies
November 25, 2015
At a recent hearing, members of the European Parliament Special Committee on Tax Rulings questioned business representatives on their alleged tax avoidance and considered whether the EU should mandate country-by-country reporting of corporate tax payments within the bloc.
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Groups Seek Use of Global Standards in National Policy
November 18, 2015
The International Organization for Standardization, the International Electrotechnical Commission, and the UN Economic Commission for Europe recently convened a conference at which officials from these organizations promoted the use of international standards, often dealing with business conduct, in accomplishing national policy goals.
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NGO Calls for Reporting Requirements on Commodity Trading
November 03, 2015
The nongovernmental organization Berne Declaration has called on Switzerland and the international organization the Extractive Industries Transparency Initiative to do more to push businesses to publish the payments they make to countries in commodities trading in order to "close the transparency gap" in the extractive sector.
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NGO Criticizes Limited Reach of OECD Tax Proposal
October 15, 2015
The nongovernmental organization Tax Justice Network has criticized the Organization for Economic Co-operation and Development ("OECD") for failing, in its recent corporate tax information sharing proposal, to require country-by-country reporting and to treat parent and subsidiary companies as part of a single entity.
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Food Companies Face Lawsuits over Supply Chains
October 15, 2015
Highlighting the complexity inherent in requiring corporate disclosure of supply-chain activity, a set of class-action lawsuits against chocolate companies Mars, Nestle, and Hershey allege these companies violated a California law requiring that they disclose the use of child labor in their supply chains.
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NGO Seeks Strong Supply-Chain Reporting Laws
October 14, 2015
In a recent analysis of a California law requiring certain businesses to report on their efforts to eradicate forced labor in their supply chains, the nongovernmental organization KnowTheChain has criticized the limited reach of the law and calls for greater public transparency on which companies must prepare reports.