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UN Pushes Sustainability Reporting by Small Companies
April 06, 2016
The UN Global Compact has announced an initiative through which it will support efforts by companies with fewer than 250 employees in publicly reporting their progress in implementing the UN's "sustainable development" agenda.
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NGOs Call for G7 Follow-up on BHR Agenda
April 06, 2016
Praising leaders of past Group of Seven ("G7") summits for addressing the implementation of the UN's business and human rights ("BHR") agenda, a group of nongovernmental organizations is calling for Japan, as the current G7 chair, to ensure that the next summit includes a discussion of BHR issues, including supply chain standards and adoption of BHR national action plans.
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Norway Wealth Fund Implements BHR Agenda
April 06, 2016
Norges Bank Investment Management, which manages Norway's sovereign wealth fund, has adopted a human rights policy requiring companies in which it invests to integrate a human rights strategy in their operations and to report on their performance, key tenets in the implementation of the UN's business and human rights ("BHR") agenda.
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OECD Contact Point: Company Failed to Uphold Standards in DRC
April 06, 2016
The UK National Contact Point of the Organisation for Economic Co-operation and Development ("OECD") Guidelines for Multinational Enterprises has found that natural resources company ENRC violated the Guidelines through its subsidiaries' failure to consult with Democratic Republic of Congo ("DRC") villages over security and effects of their operations on the local water supply.
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JPMorgan Limits Investments in Coal Projects
April 05, 2016
Website Clean Technica reports that financial company JPMorgan has acted in line with demands from UN officials and nongovernmental organizations by adding certain coal investments to the company's list of "Prohibited Transactions" in order to help combat global warming.