Business & Human Rights

OECD Releases "Due Diligence" Guide for Investors

April 05, 2017

The Organisation for Economic Co-operation and Development (OECD) has published a paper outlining how institutional investors must perform "due diligence" to ensure they address human rights impacts in the projects they finance and fulfill the UN Sustainable Development Goals.
UN, NGOs Expand Efforts Toward BHR Remedies

April 04, 2017

A briefing from law firm Clifford Chance and nongovernmental organization (NGO) Global Business Initiative on Human Rights calls on businesses to become more involved in discussions with governments, the UN, and NGOs over the formation of future global business and human rights (BHR) grievance mechanisms under the UN Guiding Principles on BHR.
EU Committee Seeks Clamp-down on Tax "Loopholes"

April 04, 2017

Members of the European Parliament's Economic and Monetary Affairs Committee have highlighted the EU's recent focus on clamping down on corporate tax avoidance by approving a resolution calling for EU authorities to amend a tax directive to prohibit companies from using the rules of non-EU jurisdictions to avoid paying taxes in the bloc.
Chinese Banks, EIB Launch "Green Bonds" Initiative

April 04, 2017

Two central banks in China and the European Investment Bank (EIB) have announced a joint initiative to strengthen confidence in the classification and accountability of "green bonds" in China, used by countries to divert investment toward renewable-energy projects in line with the UN climate deal agreed in Paris in 2015.
Lawyers Advocate Global BHR Arbitration Rules

April 03, 2017

A group of lawyers has published an article calling for the development of global Business and Human Rights (BHR) Arbitration Rules, a system in which multinational corporations would agree to BHR terms in their contracts, and require them in those of their suppliers, forcing them to arbitrate disputes with alleged victims of their human rights impacts around the world.