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NGO Threatens Climate Litigation Against Corporate Directors
October 21, 2015
CEO of nongovernmental organization ("NGO") ClientEarth James Thornton writes that his NGO will pursue litigation against corporate directors who "fail to protect their investors from the challenge" of global warming.
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OECD Considers Draft Guidelines for Apparel Industry Conduct
October 21, 2015
In a recent article, Sarah Labowitz discusses the effectiveness of the Organisation for Economic Co-operation and Development's ("OECD") draft guidelines for responsible business conduct in apparel and footwear supply chains, which call for companies to investigate the operations of their "sub-tier suppliers."
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Oxfam Pushes Action on Corporate Taxes at Lima Meeting
October 16, 2015
Oxfam called on finance ministers from the G20 group of countries, the International Monetary Fund, and the World Bank to spell out new international rules to counter tax avoidance by multinational corporations and to mobilize funding for climate-change projects at a recent meeting in Lima, Peru.
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IBA Holds BHR Discussions at Conference
October 16, 2015
At its annual conference in Vienna, the International Bar Association ("IBA") held two panels on the UN's business and human rights ("BHR") agenda, the first on the role of attorneys in implementing BHR principles and the second on advancing these principles in practice.
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HRW Criticizes Draft World Bank Framework
October 16, 2015
As pressure rises for banks and international finance institutions to implement business and human rights principles, Human Rights Watch ("HRW") has criticized the second draft of the World Bank's Environmental and Social Framework for failing to sufficiently provide for the protection of human rights.