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Activists Call for Corporate Tax to Fix Climate Damage
December 10, 2014
Climate activists Saleemul Huq and Julie-Anne Richards have called for a global levy on companies that engage in fossil fuel extraction to fund an "international loss and damage mechanism" that compensates people for the alleged effects of climate change.
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UN Holds Session on Business Cooperation with Climate Agenda
December 10, 2014
At the UN climate change talks in Lima, Peru, the organization's Global Compact held a Caring for Climate Business Forum at which it pushed business leaders to participate in the UN's global warming agenda and announced the launch of a "Business and Investor Working Group on Carbon Pricing."
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OECD Finds Income Inequality Harms Economic Growth
December 10, 2014
A recent report from the Organisation for Economic Co-operation and Development ("OECD") finds that inequality of incomes harms economic growth and encourages redistributive policies, including "cash transfers," as remedies.
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Canadian Courts Consider Tort Claims in International BHR Cases
December 10, 2014
Attorneys H. Scott Fairley and Anastasija Sumakova write that Canadian civil courts are increasingly considering common law claims against corporations for alleged violations of business and human rights ("BHR") principles in other countries, based on a "duty of care" related to international norms.
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UN Working Group Seeks to Institutionalize BHR Action Plans
December 03, 2014
The UN Working Group on business and human rights ("BHR") issues has released a guidance document that calls for countries around the world to follow a multi-step process in creating "national action plans" to advance the UN's BHR agenda.