Tag: OECD
One key move that will boost corporate sustainability
An efficient mechanism for hearing complaints and redressing grievances is a powerful tool for governance and human rights due diligence.
G20 backs OECD corporate governance principles
The world’s leaders get behind the OECD’s revised guidance, which includes sustainability disclosure responsibilities.
Companies step up pressure for sustainability due diligence
Further signatories call for the EU Corporate Sustainability Due Diligence Directive to meet UN and OECD standards.
OECD wades in on due diligence
As EU law on human rights and sustainability due diligence edges nearer to its final form, the OECD issues fresh guidance to multinationals.
Companies lobby Brussels for due diligence unity
A letter to the European Union asks that definitions in the coming directive are consistent with guidelines from the UN and OECD.
News round-up: this week in governance
Governance in Ukraine, FCA’s ‘constructive discussions’ with AJ Bell, final report on KPMG’s conduct, climate risk reporting in California.
Global minimum corporate tax rate negotiations ‘need a fairer forum’
US treasury secretary Janet Yellen is in Europe to push for agreement on the deal across 136 countries. But critics warn it misses the mark.
OECD warns that Covid-19 requires a governance response
Corporate governance will play a “crucial role” in supporting the recovery of economies after Covid, according to OECD chief Mathias Cormann.
Norges Bank divests from companies over tax issues
The Norwegian sovereign wealth fund has withdrawn investments from seven companies over tax planning and transparency in the past year.
Ethics body issues warning to boards over AI accountability
Artificial intelligence (AI) is a critical governance issue and must be firmly grasped by the board—not left to the tech team, says a report from the Institute of Business Ethics.