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UN Calls for Fossil Fuel Divestment
March 18, 2015
As it prepares for a global climate change conference in Paris in December 2015, the UN Framework Convention on Climate Change has called for financiers to drop their investments in fossil fuel assets, ignoring warnings from energy representatives that such divestment will not encourage cleaner technologies.
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London Assembly Votes for Fossil Fuel Divestment
March 18, 2015
The London Assembly has passed a nonbinding motion calling on Mayor Boris Johnson to consider dropping the London Pension Fund Authority's investments in coal, oil, and gas.
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Coca-Cola Publishes Assessments of Sugar Supply Chain
March 18, 2015
As pressure from nongovernmental and international organizations calling for companies to adopt the UN business and human rights agenda grows, The Coca-Cola Company has published its first country-specific "human rights due diligence studies" on its sugar supply chains in Colombia and Guatemala.
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NGO: Corporate Taxes Necessary for Equality, Democracy
March 18, 2015
The nongovernmental organization Tax Justice Network has released a publication calling taxes on corporations essential to achieve political and economic equality and to "rebalance distorted economies."
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Commentator Pushes Human Rights Strategy on Climate Change
March 18, 2015
Asuncion Lera St. Clair of the Climate Change Program at DNV GL Strategic Research and Innovation argues that in order to contribute to a reduction in global warming, companies must recognize and implement the principles of the international business and human rights agenda.