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Pension Funds Face Pressure on Israeli Investments
February 21, 2017
Media and research center Danwatch reports that, despite the opposition of the global business and human rights movement toward corporate ties to Israeli settlements, the five largest pension funds in Europe have €7.5 billion invested in companies with operations "in and around illegal settlements in the occupied Palestinian territories."
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Lawyers Outline Global Efforts Toward BHR Remedies
February 21, 2017
Attorneys of the law firm Skadden, Arps, Slate, Meagher & Flom LLP review efforts by international organizations and activists to sidestep traditional judicial mechanisms in seeking remedies for alleged corporate violations of the business and human rights (BHR) agenda, including by establishing a global tribunal to decide BHR disputes.
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ICC Petition Targets Australian Detention Facilities
February 21, 2017
The Guardian reports that two human rights organizations have submitted a petition calling on the prosecutor of the International Criminal Court to investigate potential "crimes against humanity committed by individuals and corporate actors" operating private detention facilities that house undocumented migrants on islands off the coast of Australia.
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Swiss Court Rejects Labor Claim Against FIFA
February 21, 2017
Deutsche Welle reports that the Commercial Court of Zurich has rejected a claim by trade unions that the International Federation of Association Football (FIFA) acted wrongfully by choosing Qatar to host the 2022 World Cup without first guaranteeing labor reforms in the country, finding that the labor rights claims were too vague or not based on law.
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Companies Plan Continued Reporting on Foreign Operations
February 21, 2017
Reuters reports that, at a mining conference in Cape Town, corporate leaders asserted that extractives companies will continue to respond to global pressure, from actors ranging from UN officials to human rights activists, to disclose details of their foreign operations despite recent US actions against mandatory reporting of foreign payments and mineral sourcing.
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