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Italy, UN Release Sustainable Finance Roadmap
February 20, 2017
The Italian Government has cooperated with the UN Environment Programme on a roadmap outlining how Italy will seek to divert private investments toward the UN's "sustainable development" agenda, including potentially through the creation of a National Observatory on Sustainable Finance.
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German Bank Pledges Coal Withdrawal
February 20, 2017
The Guardian reports that Germany's Deutsche Bank has announced that it will fulfill its pledge from the Paris climate change summit in 2015 to cut fossil fuel investments by providing no new financing for certain coal projects and reducing its existing funding to such projects in the coming years.
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WEF Seeks Corporate Support for Urban "Sustainability"
February 17, 2017
The World Economic Forum has published a report on how local officials must engage with private companies in fulfilling the UN's New Urban Agenda, an action plan for urban development that seeks to achieve "social, environmental and economic sustainability" in cities around the world.
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UN Group Reviews Cooperation on BHR Enforcement
February 17, 2017
The UN Working Group for business and human rights (BHR) issues has issued a survey to countries around the world on instances of cross-border law enforcement cooperation in their implementation of the global BHR agenda, as part of the Working Group's development of international recommendations on effectively combating corporate BHR violations.
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Union Files OECD Complaint over Company's Labor Practices
February 17, 2017
UNI Global Union has filed a new complaint with the Spanish National Contact Point for the OECD Guidelines for Multinational Enterprises against security company Prosegur, alleging that the company violated the global Guidelines by failing to respect the labor rights of its employees in Latin America and India.
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