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Barrister: UK Must Expand Corporate Prosecutions
December 07, 2017
UK barrister Sir Edward Garnier QC writes that the UK must plug "gaps" in its corporate criminal law to ensure that companies are prosecuted for their failure to prevent the perpetration of non-financial crimes in their foreign operations.
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NGOs Push for Global Corporate Labor Standard
December 07, 2017
Representatives of the International Trade Union Confederation and Business & Human Rights Resource Centre are calling for governments to coordinate on developing a global, "harmonised, high standard for national legislations" requiring companies to rid their complex supply chains of forced labor, based on the International Labour Organization's Protocol on Forced Labour.
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NGO Launches Activist Investor BHR Platform
December 07, 2017
The Interfaith Center on Corporate Responsibility recently launched an initiative called the Investor Alliance for Human Rights that will provide a platform for activist investors to promote corporate implementation of the UN Guiding Principles on Business and Human Rights (BHR).
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UN, Bank Launch Financing for "Sustainable" Agriculture
December 07, 2017
In October, the UN Environment Programme and Dutch bank Rabobank announced their establishment of a $1-billion-dollar facility that will finance, using public and private funding, agricultural production deemed to be compliant with the UN Sustainable Development Goals and the 2015 Paris climate accord.
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World Bank, Japan Partner on "Sustainable" Investment
December 07, 2017
The World Bank Group and the Japanese Government Pension Investment Fund recently formed a partnership to "promote strategies for including environmental, social and governance criteria in investment decisions" in an effort to divert more investment funds into projects that support the UN Sustainable Development Goals.
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