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Commentators Predict Expansion in Climate Change Litigation
October 17, 2014
Arguing that greenhouse gases released by a small number of businesses have caused most global warming effects, such as extreme flooding and droughts, two legal commentators write that businesses will become increasingly susceptible to international litigation based on climate change in the future.
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NGO Pushes Operations Standards for Oil and Gas Industry
October 17, 2014
The nongovernmental organization ("NGO") Equitable Origin is calling for comments on standards for businesses in the oil and gas industry, including "performance targets," seeking to bind these companies to its expectations on the human rights and environmental impacts of their operations.
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DIHR Seeks to Standardize Corporate Impact Assessments
October 15, 2014
The Danish Institute for Human Rights ("DIHR") has published a paper promoting "best practices" among businesses in performing due diligence on human rights through impact assessments of their operations and those of actors in their supply chains.
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Stock Exchanges Initiative Pushes "Sustainable Development" Agenda
October 15, 2014
The Sustainable Stock Exchanges initiative, developed by the UN Global Compact and other international actors, recently convened a Global Dialogue at which participating stock exchanges called for the adoption of best practices to encourage businesses to adopt "sustainable" policies.
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UN Works to Institutionalize U.S. Action Plan on BHR
October 08, 2014
The UN Working Group on business and human rights ("BHR") has applauded the Obama Administration for announcing that it will develop a "national action plan" on BHR issues and has signaled that it will seek to institutionalize this plan at the international level so it will continue to be implemented in future administrations.
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