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GRI Calls on SEC to Adopt Global Reporting Standards
September 07, 2016
In comments to the US Securities and Exchange Commission on new business and financial disclosure rules, the Global Reporting Initiative called upon the SEC to adopt its global reporting standards on "sustainability and public policy" issues for businesses required to file reports with the agency.
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Companies Push G-20 on Energy Subsidies
August 31, 2016
Reuters reports that a group of insurance companies has called for leaders from the G-20 group of countries to develop a timetable during which they will phase out subsidies to fossil fuel producers by the year 2020 in order to implement the UN deal on greenhouse gas emissions agreed last December.
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Australian Code Leads to Tax Reporting Pressure
August 31, 2016
Australian retail company Wesfarmers is pushing its German rival Aldi to sign up to Australia's Voluntary Tax Transparency Code, which the government introduced to "encourage" companies to publicly report their financial and tax information and counter "aggressive tax planning."
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Analyst Criticizes Corporate Tax Breaks in Africa
August 31, 2016
Analyst Mark Curtis writes that African countries must stop offering favorable tax incentives to foreign companies to attract investment in their economy, arguing that governments are "giving money away" through such tax breaks.
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UN Agents Call for Reduced Advertising to Children
August 31, 2016
UN Independent Expert on foreign debt and human rights, Juan Pablo Bohoslavsky, and the UN Special Rapporteur on the right to health, Dainius Püras, have called for governments to ban certain advertising to children, arguing that some commercial advertising can promote unhealthy diets and "cause unhealthy consumer behaviour to become ingrained at an early age."
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