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Denmark Transposes EU Reporting Requirements
July 15, 2015
The Global Reporting Initiative ("GRI") has announced that the Danish Government is the first to transpose the EU corporate non-financial reporting directive, which requires companies to report on their social and environmental impacts, into national law, and has applauded Denmark for permitting businesses to issue their reports using GRI guidelines.
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GRI Highlights BHR Principles in Reporting Standards
July 15, 2015
Demonstrating the symbiotic relationship between the UN and civil society on the business and human rights ("BHR") agenda, the Global Reporting Initiative ("GRI") has published a press release indicating how it has integrated the UN Guiding Principles on BHR ("BHR") in the reporting standards it issues for companies around the world.
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US Pushes Sustainability Agenda with GRI
July 15, 2015
The US State Department and the Global Reporting Initiative ("GRI") recently hosted a roundtable session seeking to place pressure on companies to adopt the UN sustainability agenda and to promote consideration of social and environmental issues in company supply chains.
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NGO: BHR Treaty Will Provide Enforcement Mechanism
July 15, 2015
Sam Cossar-Gilbert of Friends of the Earth International writes that a proposed binding business and human rights ("BHR") treaty, under negotiation by a UN working group in Geneva, would provide an international enforcement mechanism for people who allege they have suffered harm from corporate violations of the global BHR agenda.
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NGOs: BRICS Bank Should Adopt Global Human Rights Standards
July 15, 2015
A group of nongovernmental organizations ("NGOs") have issued a statement calling for the New Development Bank of the BRICS country group (Brazil, Russia, India, China, and South Africa) to adopt the highest global standards on human rights and the environment in its financing policies.