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Australian Code Leads to Tax Reporting Pressure
August 31, 2016
Australian retail company Wesfarmers is pushing its German rival Aldi to sign up to Australia's Voluntary Tax Transparency Code, which the government introduced to "encourage" companies to publicly report their financial and tax information and counter "aggressive tax planning."
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ISO Develops "Sustainable Procurement" Standard
August 30, 2016
The International Organization for Standardization is developing a new global standard that guides organizations on how to fulfill the UN's sustainable development agenda when making decisions on procuring products and services.
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NGO Calls for Preemptive Corporate Tax Reporting
August 26, 2016
Michael Solomon of the nongovernmental business transparency organization Responsible 100 writes that the solution for businesses facing activist complaints regarding their tax payments is to publicly disclose how "responsible" they are on taxes and to persuade the activists that they are paying their fair share.
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Development Bank Pushes Disclosure of Corporate Owners
August 17, 2016
Echoing calls from human rights activists who promote a global clampdown on corporate tax avoidance to fund their economic, social, and cultural rights agenda, the African Development Bank Group is supporting international efforts to require the disclosure of corporate ownership in order to permit tax authorities to track the flow of business revenues.
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NGO Publishes Draft Energy Development Standard
August 10, 2016
The nongovernmental organization Equitable Origin is seeking public comments on a draft corporate standard for "Responsible Energy Development," which provides benchmarks for measuring and confirming corporate implementation of the global human rights and environmental agenda in the energy sector.
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GRI Hosts Private Sector Forum on SDGs
August 09, 2016
The Global Reporting Initiative and the UN-supported program Business Call to Action recently hosted a "Business Day" at the UN High Level Political Forum on implementing the Sustainable Development Goals in an effort to urge companies to play a role, particularly through public reporting of social and environmental data, in fulfilling the SDGs.
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Researcher Seeks Help for Poor Countries on Tax Avoidance
August 09, 2016
The nongovernmental organization Tax Justice Network has published an article from Dr. Christian von Haldenwang calling on developed countries, through such measures as making corporate financial information available internationally, to assist poorer countries in clamping down on business tax avoidance.
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GRI Lauds UPS's Sustainability Reporting
August 09, 2016
As companies face increasing pressure from the UN and activist groups to publicly report on their social and environmental impacts, the Global Reporting Initiative has published an interview with staff at delivery company UPS on the business's most recent Sustainability Report, which details how it is implementing the UN's "sustainable development" agenda.
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Shipping Representative Calls for Global Emissions Standard
August 03, 2016
Director of Policy at the UK Chamber of Shipping, David Balston, has called upon the International Maritime Organization to set global standards regulating the greenhouse gas emissions of the shipping industry in order to drive businesses toward fulfilling the UN climate deal agreed in Paris last year.
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CIGI Article Reviews National Sustainability Reporting
August 03, 2016
An article from the Centre for International Governance Innovation reviews national differences in corporate reporting requirements on "sustainability" and the risks of climate change for the use of the Financial Stability Board's Task Force on Climate-related Financial Disclosures as it develops a global "sustainability reporting" standard.