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Major news organisations and business leaders withdraw from Saudi investment conference over missing journalist
On October 2, 2018, prominent Saudi journalist Jamal Khashoggi went missing after entering the Saudi consulate in Istanbul. Khashoggi, a once royal advisor turned critic, was murdered by Saudi agents in the consultate. Khashoggi's case prompted a...
Global finance sector needs to start acknowledging its human rights responsibilities, argues professor
Author: David Kinley on openDemocracy
"Finance struggles to find a social conscience", 15 April 2018...
[Includes responses by BNP Parbias, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Royal Bank of Canda, Morgan Stanley & Toronto-Dominion Bank]
USA: Judge allows class action lawsuit alleging gender discrimination against Goldman Sachs to proceed
Author: Andrew Buncombe, The Independent (UK)
"Judge allows 2,300 women to proceed with gender bias lawsuit against Goldman Sachs", 1 Apr 2018...
Citigroup policy prohibits business clients from selling firearms to customers under 21 & those not passing a background check
Author: Tiffany Hsu, The New York Times
"Citigroup sets restrictions on gun sales by business partners," 22 March 2018...
- Related stories: USA: More than one dozen companies cut ties with National Rifle Association after 17 people killed in Florida high school shooting
- Related companies: Alphabet American Outdoor Brands Corporation Bank of America BlackRock First National of Nebraska Goldman Sachs JPMorgan Chase PNC Financial Services Sturm, Ruger & Co, Inc. Wells Fargo YouTube (part of Alphabet)
Author: Mindy Lubber, Forbes
...That’s why Ceres [Investor Network on Climate Risk and Sustainability] and six other organizations from around the world debuted The Investor Agenda...This comprehensive agenda provides a menu of options for investors to take in four key focus areas...
- Related stories: New initiative encourages investor leadership on climate issues
- Related in-depth areas: Accountability: Loss & damage, litigation, shareholder activism Mitigation
- Related companies: Bank of America BlackRock Citigroup ExxonMobil Fidelity Investments Goldman Sachs JPMorgan Chase Norges Bank Investment Management (NBIM) Occidental Petroleum State Street Vanguard
BankTrack paper explores responsibilities of banks allegedly contributing to human rights violations through finance
In this briefing paper, BankTrack examines whether private sector banks may have contributed to adverse human rights impacts through their provision of finance. The paper explores eight cases of human rights abuses and the relationship and...