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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.
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UN Agent Calls on China to Respect UN BHR Agenda in Lending
July 15, 2015
The UN Independent Expert on foreign debt and human rights Juan Pablo Bohoslavsky has called for China to incorporate the UN Guiding Principles on Business and Human Rights ("BHR") in its funding policies for projects in developing countries, including performing human rights impact assessments when such financing is considered.
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UN Pushes Standards in Real Estate Sector
July 15, 2015
The UN Global Compact and the accreditation body the Royal Institution of Chartered Surveyors have released a guide for companies to advance responsible practices in the area of land, construction, and real estate operations and investments.