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Law Firm Outlines NCP Pressure on Businesses
February 25, 2015
Arent Fox LLP has published an article describing the work of national contact points ("NCPs") under the Organization for Economic Development and Co-operation's Guidelines for Multinational Enterprises and how they influence corporate adherence to the international corporate responsibility agenda.
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NGO Calls for EU to Expand Conflict Minerals Regulations
February 25, 2015
The nongovernmental organization the Centre for Research on Multinational Corporations has published an article calling for a "radical" expansion of the EU's corporate reporting regime on "conflict minerals" to include the sourcing of a number of minerals from regions in Africa, Asia, and Latin America.
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Citigroup Commits $100 Billion to Countering Climate Change
February 25, 2015
In response to pressure from investors and clients, and as nongovernmental organizations call for divestment from projects involving fossil fuels, the financial institution Citigroup has pledged $100 billion toward "green initiatives" and renewable energy projects to help counter global warming.
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Union Organization Supports Human Right to Strike
February 25, 2015
The International Trade Union Confederation has announced that it recently held a "global day of action" to support the human right to strike and that it is supporting the referral of a dispute with employers over this right from the International Labour Organization to the International Court of Justice for adjudication.
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U.K. Law Society Announces BHR Campaign
February 25, 2015
The Law Society of the U.K. has announced a "communications campaign" throughout England and Wales to inform attorneys of their responsibilities under the UN Guiding Principles on Business and Human Rights ("BHR"), followed by its publication of a Practice Note providing BHR guidance in the legal sector.