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UN Agent Claims Rights Violations in Housing Market
March 15, 2017
The UN Special Rapporteur on the right to housing, Leilani Farha, has criticized governments for permitting financial institutions to drive up the cost of housing by treating it as "a financial asset for the wealthy" and calls on states to regulate investors to ensure their "actions are consistent with the obligation to realize housing as a human right for all."
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Ruggie Criticizes EU Progress on UNGPs
March 15, 2017
Harvard Professor and creator of the UN Guiding Principles on Business and Human Rights (UNGPs) John Ruggie has published a letter to the European Commission expressing concern at the EU's failure to produce an action plan on the implementation of the UNGPs and perceived shortcomings in the bloc's nonfinancial reporting framework.
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SEC Reconsiders Implementation of Minerals Rule
March 15, 2017
The Acting Chairman of the US Securities and Exchange Commission (SEC) Michael Piwowar has announced that the SEC is reconsidering the implementation of a "misguided" corporate disclosure rule for the use of "conflict minerals" from war-torn areas of Africa, given the resulting boycott of some African minerals and costs imposed on legitimate mining operations.
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Businesses Face Pressure to Promote Rights Agenda
March 14, 2017
An article in The Washington Post explores the impacts of social media platforms and other factors in increasing public pressure on business leaders to take a position on issues involving "human rights," particularly when activists perceive businesses as having a stake in these rights.
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NGO: US Discovery Rules Aid Foreign BHR Cases
March 14, 2017
The nongovernmental organization EarthRights International describes how alleged victims of business and human rights (BHR) violations outside the US can use the US Foreign Legal Assistance Statute to compel companies to turn over evidence for use against them in foreign litigation.
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