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Activists Release “Transparency Index” for Fashion Industry
May 31, 2019
The “global movement” Fashion Revolution has published a 2019 Fashion Transparency Index targeting companies it says do not share sufficient information with nongovernmental organizations that wish to scrutinize the human rights and environmental impacts of their supply chains.
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ECJ Approves EU’s Global Investment Court
May 31, 2019
The Court of Justice of the EU (ECJ) recently held that the EU’s Investment Court System, set out in the EU-Canada trade deal to replace the more-flexible investor-state dispute mechanism as a model for all future trade deals, is compatible with EU treaties.
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World Bank, Chile Partner on “Market-based” Climate Solutions
May 30, 2019
The World Bank has agreed to work with Chile’s Ministry of Energy to help the country meet its pledges under the UN’s Paris climate accord to reduce greenhouse gas emissions through “market-based instruments” driving funding toward tackling global warming.
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ISO Highlights Standards’ Pressure for Climate Action
May 30, 2019
The International Organization for Standardization (ISO) recently published a press release on how two of its standards contribute to the fulfillment of the UN’s Paris climate agenda by seeking to harmonize how businesses and other organizations track and report their reduction of greenhouse gas emissions.
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EU Lawmakers Pass Rules for “Sustainable” Finance
May 30, 2019
In April, the European Parliament adopted legislation aiming to establish an EU Capital Markets Union that includes disclosure requirements for financial institutions and advisers on “sustainable investments” and thus helps “channel investment to environmentally-friendly projects.”
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