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NGO Creates "Ethical" IP Licensing Language
June 07, 2018
The nongovernmental organization Corporate Accountability Lab has proposed language for "ethical intellectual property (IP) licensing" agreements through which inventors and others who secure IP rights would force companies to which these rights are licensed to ensure they are not fueling human rights violations in their global supply chains.
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GRI Partners with Forum on Child Rights Reporting
June 06, 2018
The Global Reporting Initiative (GRI) has signed an agreement with the Global Child Forum, through which stakeholders explore how best to fulfill the UN Children's Rights Convention, to cooperate on "driving corporate action to improve the lives of children" through GRI's corporate reporting framework on "sustainability" issues.
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UN Report: Financial System Is Dogged by "Short-Termism"
June 05, 2018
A UN report examining development financing warns that the financial institutions are still afflicted with "short-termism" in their investments and are failing to take into account the long-term needs of society by channeling funding into the UN's "sustainable development" agenda and in reducing the risks of global warming.
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UN Report Reviews Response to "Sustainable Finance" Agenda
June 05, 2018
The final report of UN Environment's "Inquiry into the Design of a Sustainable Financial System" examines how financial institutions and regulatory bodies are responding to pressure from governments, activists, and international organizations by reforming their structures to divert "desperately needed" funding toward the achievement of the UN Sustainable Development Goals.
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UN Agency Hosts City Leaders for "Sustainable" Finance Meeting
June 04, 2018
In April, UN Environment convened leaders from a global network of 18 financial centers across the globe - not including New York - at a meeting in Milan to explore how best to channel capital flows into vehicles aimed at "accelerating green and sustainable finance."