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NGO Calls for Reporting Requirements on Commodity Trading
November 03, 2015
The nongovernmental organization Berne Declaration has called on Switzerland and the international organization the Extractive Industries Transparency Initiative to do more to push businesses to publish the payments they make to countries in commodities trading in order to "close the transparency gap" in the extractive sector.
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UN Network Pushes Companies on "Sustainability" Reporting
November 03, 2015
The UN Global Compact Network France has launched a website guiding companies how to report on their implementation of the UN's "sustainability" agenda, which includes social and environmental goals pursued by international bodies and activists.
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Lawyer Seeks ADR in Supply-Chain Contracts to Promote BHR Agenda
October 30, 2015
Martijn Scheltema of the law firm Pels Rijcken & Droogleever Fortuijn writes that a contract-mandated alternative dispute resolution ("ADR") process, such as through arbitration and mediation, could permit buyers to hold their supply chain to account in implementing the global business and human rights ("BHR") agenda.
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Academic: BHR Treaty Should Include Criminal Liability
October 30, 2015
Dr. Nadia Bernaz of Middlesex University School of Law argues that a binding treaty on business and human rights ("BHR"), currently in negotiation at the UN, should establish that corporations are subject to criminal liability for serious human rights violations and bind governments to act to prevent and redress less-serious human rights violations.
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UN Seeks Stock Exchange Support of ESG Agenda
October 30, 2015
In an effort supported by the UN Global Compact, investors and companies have sent letters to 64 stock exchanges calling on them to seek reporting from businesses in their market on efforts to implement the UN's environmental, social, and governance ("ESG") agenda, in order to permit investors, and the UN, to evaluate their progress on these factors.