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NGO Seeks Broad Application of Binding BHR Treaty
May 07, 2018
The German Institute for Human Rights has issued a position paper calling for the adoption of a binding UN treaty on business and human rights (BHR) issues that applies to all corporations, requires corporate "due diligence" to review and redress BHR impacts, and provides for the involvement by national human rights institutions in overseeing compliance with the treaty.
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NGO Calls for "Fair" Global Digital Tax
May 07, 2018
The nongovernmental organization Oxfam has issued a press release characterizing the European Commission's digital tax proposal, aiming to ensure internet companies pay a minimum amount of tax in countries where they have customers, as a first step toward a fairer goal of establishing a global tax level for the tech industry.
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NGOs Seek Mandatory "Due Diligence" in Luxembourg
May 07, 2018
A group of nongovernmental organizations in Luxembourg has called on lawmakers in the country to create a "due diligence" law that would require multinational companies based in Luxembourg to review and address the impacts of their operations, their subsidiaries, and their supply chains on human rights and the environment anywhere in the world.
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Transnational Institutions Launch Green Investment Call
May 07, 2018
Representatives from a broad group of transnational organizations, including the UN, the World Bank Group, and the European Commission, recently issued an Invest4Cities Call pushing investors around the world to shift their financing to low-carbon projects in an attempt to fulfill the UN's climate agenda and Sustainable Development Goals (SDGs).
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EC Seeks to Avoid Sending Funds Through Low-Tax Systems
May 04, 2018
The European Commission (EC) recently issued a set of guidelines aimed at ensuring that EU external development and investment funds do not go through "non-cooperative tax jurisdictions," as EU institutions seek to ramp up pressure on countries accused of offering "unfair," low taxes to corporations.
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