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WEF Panel: Companies Must Build Trust or Face Regulation
January 29, 2018
Participating in a panel at the recent World Economic Forum (WEF) in Davos, Switzerland, a group of high-level business leaders warned businesses that they have a responsibility to "build trust in their values and intentions" across the general public to avoid invasive government regulations of their operations.
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UN Groups Seek Global Adoption of Gender-Pay Laws
January 29, 2018
Two UN human rights working groups have called on governments around the world to combat gender-pay discrimination using the example of Icelandic legislation requiring businesses with 25 or more employees to obtain an "equal pay certificate" showing they "have classified jobs according to equal value and have then analysed people’s wages accordingly."
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NGO Pushes WEF to Seek "Justice" for Corporate Conduct
January 29, 2018
The nongovernmental organization Greenpeace has marked the beginning of the World Economic Forum (WEF) in Davos, Switzerland, by releasing a report accusing various global companies of environmental destruction and human rights abuses and calling on world leaders to prevent these harms by imposing mandatory reporting and other policies on businesses.
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Global Unions Force $2.3 Million Factory Safety Settlement
January 29, 2018
Two global union groups have announced that they have secured a $2.3 million settlement from a multinational clothing brand in the Permanent Court of Arbitration at the Hague to enhance factory safety in Bangladesh under the terms of a global agreement signed by apparel companies in response to the 2013 Rana Plaza factory disaster in the country.
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NGO Pushes Mandatory Climate Reporting in Sweden
January 29, 2018
A report from the nongovernmental organization Swedwatch warns Swedish fund managers that they are failing to invest enough in climate-friendly projects to meet the goals of the 2015 Paris climate accord and calls on the Swedish government to introduce a law requiring finance actors to publicly disclose their efforts toward a greener portfolio.
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