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UN Launches Initiative to Bind Companies to Development Goals
October 08, 2014
The UN Global Compact has announced a partnership with the Global Reporting Initiative and the World Business Council for Sustainable Development to guide businesses on performing impact assessments and tailoring their operations to achieve a set of UN "sustainable development goals" to be released next year.
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Academics Call for Robust U.S. Action Plan on BHR
October 08, 2014
The Directors of the Stern Center for Business and Human Rights ("BHR") have called upon President Obama "to set the standard for government action" on international BHR principles in the coming U.S. BHR national action plan, including bolstering U.S. foreign policy to prevent human rights violations.
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Activists Call for International Arbitration Tribunal on BHR
October 08, 2014
In recent remarks, Claes Cronstedt, who is on a nongovernmental "working group" on business and human rights ("BHR") arbitration, called for the establishment of an international arbitration tribunal with the authority to issue binding decisions in BHR disputes.
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EU Adopts Directive on Corporate Non-financial Reporting
October 01, 2014
The Council of the EU has adopted a directive providing for the reporting of non-financial information, on human rights, environmental, and other impacts, by large corporations across the bloc, paving the way for its entering into force in 20 days.
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U.S. Will Develop National Action Plan for BHR Implementation
October 01, 2014
President Barack Obama has announced that the U.S. will develop a formal National Action Plan to implement the principles set out in the UN Guiding Principles on Business and Human Rights ("BHR") and the OECD Guidelines on Multinational Enterprises.
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