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WSJ Explains Voter Unrest over Carbon Taxation
December 05, 2018
The Wall Street Journal has published an editorial arguing that tax hikes targeting businesses and individuals with higher energy costs in the name of the global climate change agenda are at odds with the priorities of most voters and are bound to cause more popular unrest like the “Yellow Vest” riots in Paris.
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Energy Companies Agree to BHR Assessments of Suppliers
December 05, 2018
Hydrocarbon Engineering reports that energy companies BP, Equinor, Shell, and Total have agreed to create an “industry framework” on conducting due diligence to ensure the compliance of their suppliers with the UN Guiding Principles on Business and Human Rights (BHR).
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NGO Paper Seeks Standardization of Climate Risk Disclosure
December 05, 2018
A report published in September by the Centre for International Governance Innovation offers policy recommendations on how global actors could help standardize international rules for the disclosure of climate-related risks in the financial sector.
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UN Launches Business Platform on SDG Peace, Justice Targets
December 05, 2018
The UN Global Compact recently launched a two-year “Action Platform” pushing businesses, through dialogue and international standards, to contribute to the achievement of targets under the UN Sustainable Development Goals (SDGs) relating to “peace, justice, and strong institutions.”
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Australia Advances Legislation on Forced-Labor Reporting
December 05, 2018
In September, the Australian House of Representatives passed legislation that would require over 3000 businesses in the Australian market to publish annual statements about the risks related to forced labor in their operations and supply chains.
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