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NGO Criticizes Conflict Minerals Reporting as Insufficient
July 10, 2014
As U.S. companies release their first legally required reports on the use of "conflict minerals" from war-torn areas in Africa in their products, the nongovernmental organization ("NGO") Global Witness has complained that these reports do not sufficiently assess companies' use of these minerals.
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BP Publishes 2013 "Sustainability Review"
June 23, 2014
As nongovernmental organizations ramp up their pressure on transnational corporations to provide human rights and environmental impact assessments, the oil and gas company BP has released an assessment of its impacts on the environment and societies in which it operated in 2013.
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Unilever Commits to International BHR Standards
June 23, 2014
Consumer goods company Unilever has announced that it will report on its progress in implementing the UN Guiding Principles on Business and Human Rights ("BHR") in its operations and that it will produce impact assessments reviewing activities in its supply chain.
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TJN Equates Tax Avoidance with Human Rights Abuse
June 20, 2014
The nongovernmental organization Tax Justice Network ("TJN") has released a newsletter accusing transnational corporations of committing human rights abuses by moving their funds to accounts in so-called "tax havens" because governments are left with less tax revenue to use to "alleviate poverty."
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ECCJ Seeks Stricter Corporate Reporting Requirements
June 20, 2014
Despite praising the EU non-financial reporting directive as a "significant step" toward requiring business human rights and environmental reporting, the European Coalition for Corporate Justice ("ECCJ") indicates the EU and member states should tighten requirements on businesses to report on these issues.