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World Diamond Council Debuts New System Of Warranties
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National action plan on business and human rights to be launched by 2023, says law minister | Malaysia
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ESG investing and human rights: Ignorance is no longer an excuse
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frisson through corporate boardrooms with reason.
Alejandro García Esteban
In a historic victory for climate justice, in late May a Dutch civil court held a corporation liable for the first time for its contribution to climate change. The ruling that the oil giant Shell must reduce its global carbon-dioxide emissions by 45 per cent from 2019 levels by 2030 is a game-changer for corporate accountability and our future on this planet.
The decision sets a precedent for litigation against slow-moving polluters. Not only has it opened new legal avenues for climate action. The judges clearly spelt out that companies have an individual responsibility to combat climate change, because of its severe impacts on human rights.
United Nations end business with the Bolloré Group
The Oakland Institute, along with 39 organizations from 16 countries, is calling on United Nations (UN) entities, agencies, and programs to immediately cease all business relationships with the France-based Bolloré Group and its different subsidiaries.
The Bolloré Group is a major supplier to the United Nations. The UN pays Bolloré over US$50 million every year for logistics and other services. Between 2015 and 2019, different UN entities including the UN Procurement Division, the World Food Programme, and UNICEF signed over 200 contracts with the Group for a value of over a quarter billion dollars. In addition to providing logistics, the Bolloré Group is, however, also involved in rubber and oil palm plantations through its 39.4 percent shareholding of the Luxembourg-based SOCFIN Group, which controls close to 400,000 hectares of concessions for plantations in Asia and Africa. For years, SOCFIN has been accused of land