Business & Human Rights

World Bank Pushes Businesses to Fund Sustainability Agenda

October 22, 2014

The World Bank recently held a set of meetings at which it placed pressure on businesses to finance the UN's "ambitious" sustainable development agenda, which will include provisions on combating climate change and redistribution of wealth from developed to developing countries.
Paper: Governments Fail to Advance Global Governance Under UNGPs

October 22, 2014

A paper by Susan Ariel Aaronson and Ian Higham argues that governments are failing to pressure businesses to carry out their responsibilities under the UN Guiding Principles on Business and Human Rights ("UNGPs"), a mechanism advancing global governance of business and human rights issues.
U.K. Joins International Extractive Transparency Initiative

October 22, 2014

The Extractive Industries Transparency Initiative ("EITI") has accepted the U.K.'s application to become a candidate country in the initiative, which will bind the Government to report the revenues it receives from oil, gas, and mineral companies and to require financial reporting from these companies.
Oxfam Blames "Toxic" Finance and Business for Climate Change

October 22, 2014

Oxfam has published a report blaming a "Toxic Triangle" of investors, governments, and businesses for cataclysmic effects of climate change it predicts by the year 2060, seeking the "climate proofing" of the global financial system and greater climate commitments from businesses to combat global warming.
BSR Guides Tech Companies on Online Human Rights

October 17, 2014

The nongovernmental organization BSR has released guidance seeking to push technology companies to engage with their vast number of users in order to avoid human rights violations.