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ISO Standard Aims to Increase Fuel Efficiency in Ships
September 19, 2017
The International Organization for Standardization (ISO) has introduced a new standard for the performance of hulls and propellers on ships in order to increase fuel efficiency and thus mitigate the environmental impact of the shipping industry.
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UN Seeks Greater Private Sector SDG Collaboration
September 19, 2017
The UN Global Compact has announced a series of events to be held during the General Assembly’s Regular Session to engage private sector leaders on ways that businesses can promote the UN Sustainable Development Goals (SDGs), including the release of a report analyzing the “sustainable development” contributions of all 9,500 Global Compact participant companies.
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UK Considers Reporting Measures on Executive Pay
September 18, 2017
Money Marketing reports that the UK government is set to propose rules requiring publicly listed companies to publish a ratio comparing the pay of their chief executive officer to the salary of their average staff member and establishing a register listing companies in which one-fifth of shareholders opposed the current level of executive pay.
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OECD Publishes Reviews on Global Tax Cooperation
September 18, 2017
The Organisation for Economic Co-operation and Development (OECD) has published the first set of "peer reviews" in which governments rated each other on their compliance with the OECD's global standards providing for the automatic exchange of corporate tax and other financial information to combat tax avoidance.
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Ruggie Praises Chilean BHR Action Plan
September 18, 2017
In a recent keynote address at the launch of the Chilean National Action Plan on implementing the UN Guiding Principles on Business and Human Rights (BHR), Harvard Professor John Ruggie praised the plan's connection of BHR action with the UN Sustainable Development Goals and called for BHR "due diligence" requirements for companies operating in the country.
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