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GRI Develops Corporate Reporting on SDGs
August 12, 2015
In a press release extolling the link between corporate reporting on environmental and social issues and the UN's "sustainability" agenda, the Global Reporting Initiative ("GRI") announced that it was working with a business organization and a UN agency to create a framework to guide corporate reporting on the UN's Sustainable Development Goals ("SDGs").
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L'Oréal USA Joins Climate Change Coalition
August 12, 2015
Beauty products company L'Oréal USA has announced that it will join the Business for Innovative Climate & Energy Policy ("BICEP") group, a coalition of 35 businesses seeking to advance the international climate change agenda and US President Barack Obama's climate plan, as pressure from the UN and activists for corporate action rises.
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Insurance Company Commits to ESG Agenda
August 12, 2015
The CEO of UK insurance company Aviva has pledged to remove investments from energy companies it believes are not doing enough to counter climate change and to consider environmental, social, and governance ("ESG") factors, championed by the UN and environmental and human rights activists, in its investment decisions.
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GRI Unit Seeks Better NGO Use of Corporate Reporting
August 12, 2015
The Global Reporting Initiative ("GRI") has announced the formation of a "Knowledge Unit" that will use GRI's past experience in corporate reporting to determine, in part, how civil society groups and others can take advantage of companies' "sustainability" reporting to advance their work pushing companies to implement their social and environmental agenda.
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Study Indicates Mixed Results of US Conflict Minerals Law
August 12, 2015
According to an article from Cooley LLP, a recent study has shown that despite substantial time and money spent on compliance, approximately 90% of companies filing reports on their use of conflict minerals, as required under US Securities and Exchange Commission ("SEC") rules, could not determine if their products are "conflict free."
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