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UN Puts Pressure on Businesses over "Climate Finance"
April 20, 2015
At a recent Washington, D.C. meeting on finance and climate change, UN Secretary-General Ban Ki-moon called on businesses and governments to step up their support for the UN Green Climate Fund, which redistributes money to developing countries to support their efforts to combat and adapt to global warming.
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Ericsson Adopts NGO Human Rights Reporting Framework
April 15, 2015
A "Sustainability and Corporate Responsibility Report" from communications company Ericsson claims to be the first such report in its sector to follow the UN Guiding Principles Reporting Framework, created by the nongovernmental organization ("NGO") Shift and Mazars to push corporate human rights reporting.
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NGOs Blame Businesses for Neglect of Youth Rights in Africa
April 15, 2015
The nongovernmental organizations Amnesty International and the Open Society Initiative for Southern Africa have launched an initiative, labeled #AfricaNot4Sale, designed to demand "corporate accountability" for the nonrealization of so-called "economic, social, and cultural" human rights of young people in Africa.
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UN Pushes ESG in Development Finance
April 15, 2015
In a recent panel at the Third International Financing for Development Conference at the UN, a UN Global Compact panel pushed for the consideration of environmental, social, and governance ("ESG") factors in investment decisions of governments and corporations.
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EU Lawmakers Call for Binding Mineral Regulations
April 15, 2015
Reuters reports that the European Parliament's trade committee is seeking to replace an EU conflict minerals proposal that would offer to certify businesses as "conflict-free" with a binding regulation requiring smelters and refiners to certify they do not import certain minerals from wartorn regions in Africa.
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