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GRI Receives Post on EU Sustainable Finance Group
July 11, 2018
The European Commission has appointed the Global Reporting Initiative (GRI), an organization that pressures companies around the world to publicly disclose their handling of the social and environmental issues, to its Technical Expert Group on Sustainable Finance that will aim to align European investments with the goal of a “greener, more equitable economy.”
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Stock Exchange Federation Releases Sustainability Reporting Guide
July 11, 2018
The Global Reporting Initiative (GRI) has applauded the World Federation of Exchanges’ publication of revised sustainability guidance for its member stock exchanges, setting out 30 environmental, social, and governance metrics on the basis of which companies should publicly disclose their social and environmental impacts.
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Academic: AI May Become Tool for Gender Inequality
July 10, 2018
Professor Bettina Büchel of IMD Business School in Switzerland argues that companies must account for the risk that artificial-intelligence (AI) technologies may exacerbate gender inequality if they base employment and other decisions on "underlying biases" already prevalent in society.
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EU Legislator Pushes for Rules Requiring Corporate Rights Observance
July 09, 2018
Member of the European Parliament Heidi Hautala calls on the European Commission to produce legislation binding EU-based companies to perform due diligence to determine the human rights risks related to their foreign operations and requiring them to provide access to remedies for victims of alleged human rights abuses.
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NGOs Seek Strict Standards for Jewelry Due Diligence
June 29, 2018
A group of nongovernmental organizations and trade unions is calling on the Responsible Jewellery Council, which certifies companies in the jewelry industry for compliance with human rights and other standards, calling for the body to require more comprehensive due diligence in jewelry supply chains in line with OECD guidance.
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