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NGO Seeks German “Due Diligence” Law on Supply Chains
July 24, 2019
Citing the UN Guiding Principles on Business and Human Rights, the nongovernmental organization Human Rights Watch has called on the German government to put in place a monitoring mechanism that would pressure companies to perform “due diligence” in addressing alleged rights violations in their supply chains.
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NGO Pushes UK Supermarkets on Supply-Chain Conditions
July 24, 2019
The nongovernmental organization Oxfam has released the second edition of its “supermarket scorecard” accusing Britain’s largest supermarkets of failing to address “human suffering” in their complex, global supply chains.
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GRI, CDP Push for Corporate Reporting on UN Climate Goals
July 24, 2019
The Global Reporting Initiative (GRI) and climate reporting nonprofit CDP have published recommendations pressing businesses to align their corporate reporting practices with the pledges their governments made to reduce greenhouse gas emissions under the UN’s Paris climate accord.
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EU Body Finds Benefits in Corporate Tax Competition
July 24, 2019
Contradicting the push among some activists to harmonize global corporate tax rates, the European Economic and Social Committee has published a study indicating that lowering corporate tax rates can attract economic investment while maintaining a steady stream of tax revenue.
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EU Regulators Seek Tech Business-Model Changes
July 24, 2019
Politico reports that EU regulators are increasingly focusing on “structural remedies” for tech companies that fail to meet EU data standards, including by creating barriers preventing corporate subsidiaries from combining user data.
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