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NGOs Release Corporate Climate Reporting Guidance
April 04, 2016
In line with the outcome of the UN climate negotiations in Paris and the Financial Stability Board's creation of a Taskforce on Climate-related Financial Disclosure, the Global Reporting Initiative and climate reporting organization CDP have published new guidance for companies on how to report their implementation of the global agenda on climate change.
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GRI Sets out Goals for Expansive Data Reporting
April 04, 2016
The Global Reporting Initiative ("GRI") has published a report that outlines its vision for future corporate reporting of data on environmental and human rights issues, including an immediate "sustainability data exchange" in place of annual reports and real-time interactions with stakeholders.
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NGO Initiative Ranks Companies on BHR Implementation
April 01, 2016
Forbes reports that a new initiative called the Corporate Human Rights Benchmark will pressure businesses to adopt the global business and human rights ("BHR") agenda by selecting 100 companies from various industries, evaluating them according to information they have disclosed, and ranking them according to their human rights performance.
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BP Implements Activists' BHR Agenda
April 01, 2016
The CEO of the nongovernmental organization Human Rights at Sea, David Hammond, has published an article highlighting how energy company BP, in the face of pressure from the UN and activists, has embraced the global business and human rights ("BHR") agenda, including by undertaking BHR due diligence and committing to external audits.
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Activists Criticize Climate Fund's Partnership with Banks
April 01, 2016
The website Climate Home has published an article describing criticism from environmental activists over the decision of the UN's Green Climate Fund to partner with banks HSBC and Credit Agricole in doling out money for "low carbon investments" in light of the banks' "heavy" investments in the coal industry.