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Attorney Downplays BHR "Soft" vs. "Hard" Law Distinction
February 03, 2016
In a recent article, Anne Vanhala of Castrén & Snellman describes the status of national and supranational legislation imposing business and human rights ("BHR") reporting obligations on companies and concludes that whether or not there is a "hard law" requirement in each country, businesses "cannot opt out of human rights."
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NGOs Seek Binding Development Bank Grievance Mechanisms
February 03, 2016
A group of nongovernmental organizations has issued a report criticizing development banks for the ineffectiveness of bodies they have appointed to hear complaints about alleged harm caused by their projects and calling for the establishment of binding grievance mechanisms and an end to immunity for such banks in national courts.
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UN Agency Pushes Corporate Gender Diversity Reporting
February 02, 2016
Ten major companies have reported figures on the ratio of men to women in their workforce and in their leadership positions for inclusion in a "HeForShe Parity Report" published by UN Women.
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California Investigates Exxon Statements on Climate Change
February 01, 2016
The Los Angeles Times reports that California politicians are seeking to leverage a reported investigation of energy company Exxon by the state's Attorney General Kamala Harris regarding alleged false statements the company has made to investors on the risks posed by global warming into a federal investigation of similar statements from the US energy industry.
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UN Calls for Public-Private Partnerships to Achieve SDGs
February 01, 2016
UN officials meeting with business representatives in Davos, Switzerland, during the World Economic Forum called for the establishment of partnerships between the public and private sectors to accomplish the UN's comprehensive environmental and social agenda set out in its Sustainable Development Goals ("SDGs").