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GRI Encourages Expansive Action on UN Climate Goals
April 28, 2016
The Global Reporting Initiative ("GRI") has called for businesses and governments to look beyond carbon emissions to address the "human rights" impacts of global warming in implementing the UN climate deal signed in New York last week and predicts that the UN will use GRI's reporting guidelines as its standard for government emissions reporting under the deal.
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EU Ministers Seek Strong Response to "Panama Papers"
April 28, 2016
NDTV reports that, at recent talks in Amsterdam, national finance ministers from EU member states coalesced around a number of proposals in the wake of the release of off-shore financial information in the "Panama Papers" to shame so-called "tax havens" and require more reporting on taxes paid by companies throughout Europe and around the world.
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US Backs OECD Guidelines on State-owned Enterprises
April 28, 2016
Ann Low of the US Department of State has authored an article pressing governments around the world to implement the revised Organisation for Economic Co-operation and Development ("OECD") Guidelines on Corporate Governance of State-owned Enterprises, which contain guidance on implementation of global business and human rights standards.
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UN Initiative Calls for $100 Internal Carbon Price
April 27, 2016
UN Global Compact ("UNGC") Executive Director Lise Kingo has called on businesses around the world, and particularly businesses in UNGC's Caring for Climate program, to set and report on their efforts to achieve an internal price of $100 per metric ton on their carbon emissions.
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UN Chief Calls for Insurance Industry Climate Action
April 27, 2016
In remarks at a meeting on "resilience" in New York, UN Secretary-General Ban Ki-moon called on leaders in the insurance industry to counter climate change by "greening" their portfolios - removing investments in fossil fuels - and by measuring their carbon footprint by the year 2020.
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