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Report Finds BHR Redress Mechanisms Lack Effectiveness
December 12, 2016
A report produced by an academic research organization called Corporate Accountability Research finds that transnational non-judicial mechanisms established to provide remedies for business and human rights (BHR) violations currently lack the authority to provide effective redress to alleged BHR victims.
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Activists Warn of BHR Impacts of "Green" Projects
December 12, 2016
Signaling the growing complexity in accounting for competing demands on businesses from environmental and human rights activist organizations, Justine Calma reports on warnings from business and human rights (BHR) advocates that renewable energy companies are failing to account for their BHR impacts on indigenous communities.
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Investor Guide Pushes Energy Companies on Climate
December 12, 2016
A group of activist investor organizations have published an updated version of their guidelines on how oil and gas companies must adapt their business practices to comply with the UN's Paris deal on climate change and other instruments setting out global climate policies.
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UN Forum Presses Asian Companies on SDGs
December 12, 2016
At a recent Responsible Business Forum in Singapore, the UN Development Programme Director for the Asia-Pacific, Haoliang Xu, highlighted UN pressure on companies to contribute to the organization's "sustainable development" agenda by calling on Asian businesses to ramp up efforts toward the UN Sustainable Development Goals (SDGs) and combating global warming.
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EU Requires Pension Funds to Consider Climate
December 09, 2016
Reuters reports that legislation passed by the European Parliament, and set to be implemented in EU law, will require European pension funds to consider "environmental, social and governance risks," including the risk global climate policies pose to fossil fuels, when making investment decisions.
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