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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.
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NGO Calls for U.K. to Crack down on "Tax Dodging"
February 25, 2015
Nuria Molina of the nongovernmental organization ActionAid UK has called on Britain to pass laws restricting corporations from reducing their tax burden in developing countries using so-called "tax havens" and to advocate for "concerted international action" on tax avoidance at an upcoming UN conference.
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U.S. State Department Announces Process for BHR Plan
February 18, 2015
The U.S. State Department has issued answers to "frequently asked questions" regarding its development of a "national action plan" on business and human rights ("BHR") indicating that application of the plan to business conduct will take place both in the domestic sphere and around the world.