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Japanese NCP Accepts Power Plant Complaint
July 26, 2016
Japan's National Contact Point for the OECD Guidelines for Multinational Enterprises has accepted a complaint supported by activist organizations Greenpeace Indonesia and Friends of the Earth Japan calling, in part, on an energy company to perform human rights and environmental "due diligence" prior to constructing a power plant in Indonesia.
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Article Criticizes EU Conflict Minerals Agreement
July 26, 2016
A blog post published by nongovernmental organization Global Witness criticizes legislation agreed by the EU institutions on "conflict minerals" for not going far enough in requiring companies to publicly report their efforts to exclude all such minerals from their products.
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IMF Calls for US Corporate Tax Reform
July 26, 2016
Assigning partial blame to the complex US corporate tax system for the removal of business revenue to low-tax jurisdictions, the International Monetary Fund has called for the US to introduce incremental reforms to the system toward lower, less complex corporate taxes and a "territorial system" of taxation that excludes some revenue from foreign subsidiaries.
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Accountant Group Pushes BHR Due Diligence
July 22, 2016
In cooperation with the UN Global Compact Network UK, Chartered Global Management Account has produced a guide for management accountants to pressure their companies to perform due diligence in implementing the UN Guiding Principles on Business and Human Rights and complying with international BHR reporting standards.
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US Seeks Ramped-up Business Humanitarian Funding
July 22, 2016
The White House, with a number of US corporations, has launched a Partnership for Refugees that pushes businesses to increase their financial and other humanitarian assistance to refugees around the world.
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