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EU Parliament Creates Committee on "Panama Papers"
June 17, 2016
The European Parliament has voted to establish a special committee to investigate allegations that the European Commission and EU member states failed to enforce laws on money laundering and tax avoidance in the context of revelations from the so-called "Panama Papers," which showed the storage of corporate and individual funds in Panama.
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NGOs Push Stronger Governance of Diamond Industry
June 16, 2016
A press release from a coalition of nongovernmental organizations calls on governments and companies in the diamond industry to strengthen legal due diligence and reporting mandates in line with standards from the UN and the Organisation for Economic Co-operation and Development to prevent the funding of conflicts through diamond sales.
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Paper Examines Effects of China's "Green Finance"
June 16, 2016
Olaf Weber of the Centre for International Governance Innovation examines the effects of China's Green Credit Policy on the implementation of the global social and environmental agendas by banks in the country.
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Adviser Describes Growing Legal Impact of BHR Principles
June 15, 2016
In an interview with Bloomberg, corporate human rights adviser Yousuf Aftab states that the UN Guiding Principles on Business and Human Rights are increasingly binding companies, through lawsuits and other legal mechanisms, to implement the UN's BHR agenda and that, in their next phase, the "corporate human rights system" will become more precise and complex.
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Companies Launch Climate Plans at Global Conference
June 15, 2016
Businesses including tech companies Microsoft and Google recently used the Clean Energy Ministerial global intergovernmental conference in San Francisco, California, to publish their plans to work toward an economic transition to 100% renewable energy to combat climate change.
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