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U.K. Joins International Extractive Transparency Initiative
October 22, 2014
The Extractive Industries Transparency Initiative ("EITI") has accepted the U.K.'s application to become a candidate country in the initiative, which will bind the Government to report the revenues it receives from oil, gas, and mineral companies and to require financial reporting from these companies.
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Oxfam Blames "Toxic" Finance and Business for Climate Change
October 22, 2014
Oxfam has published a report blaming a "Toxic Triangle" of investors, governments, and businesses for cataclysmic effects of climate change it predicts by the year 2060, seeking the "climate proofing" of the global financial system and greater climate commitments from businesses to combat global warming.
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BSR Guides Tech Companies on Online Human Rights
October 17, 2014
The nongovernmental organization BSR has released guidance seeking to push technology companies to engage with their vast number of users in order to avoid human rights violations.
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Commentator Identifies UNGPs as Source of Legal CSR Obligations
October 17, 2014
In a chapter on corporate social responsibility ("CSR") in the extractive sector, Yousuf Aftab writes that concepts proliferated in the UN Guiding Principles on Business and Human Rights ("UNGPs") and other international frameworks will place legal responsibilities on corporations to observe CSR in their operations.
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Article Calls for Additional Corporate Apparatus on BHR
October 17, 2014
An article by a staff member of the Institute of Policy Research and Advocacy calls for companies to advance the international business and human rights ("BHR") agenda by establishing an initiative specifically devoted to BHR issues, separate from those promoting corporate social responsibility.