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Oxfam Seeks More Action from Global Bodies on Taxation
April 20, 2016
The nongovernmental organization Oxfam praised the decision of various entities of global economic governance, including the International Monetary Fund and the World Bank, to form a global tax platform but called for more concrete actions from the bodies to address economic inequality through corporate taxation.
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GRI Releases Sustainability Standards for Comment
April 20, 2016
The Global Reporting Initiative ("GRI") has announced that it has released a draft version of Sustainability Reporting Standards, which provide a process for businesses to disclose their progress in implementing the UN's sustainable development agenda, for public comment.
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GRI, IOE Sign Deal to Advance "Sustainability"
April 20, 2016
The Global Reporting Initiative ("GRI") and the International Organisation of Employers ("IOE") have signed an agreement to collaborate on encouraging businesses to implement the UN's "sustainable development" agenda, including by pushing small and medium-sized companies to disclose their progress on sustainability.
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Ruggie Releases Report on FIFA's Human Rights Impacts
April 19, 2016
Harvard Professor John Ruggie has completed a report requested by the International Federation of Association Football ("FIFA") calling for FIFA to implement the business and human rights ("BHR") agenda in its own operations, including by developing an effective third-party complaint mechanism, and to use its influence with other entities to address their human rights risks.
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German Minister Pushes Global Governance on "Tax Havens"
April 18, 2016
In the wake of the "Panama Papers" financial information leak, German Finance Minister Wolfgang Schäuble has called for global governance to stop "tax evasion" and for the development of a tax information exchange system that prevents banks from using foreign "tax havens" with little to no financial reporting requirements to store their funds.
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