Creating, selling and cultivating genetically modified organisms (GMOs) raises a number of decisive human rights issues. Therefore, we urged all readers who are residing in the EU and/or are EU citizens to join the protest against the EU Commission’s attempts to extend GMO maize cultivation in the EU. This post is a continuous update on the process, and tells you about the mail I received from the EU Commission in February 2017.
At the end of 2016 the boycott of Ameriabank started in Armenia because of the contract signed between the bank and Lydian Armenia for providing the latter with a loan of 24 million USD to purchase equipment for construction of the gold mine and heap leach facility in Amulsar. This was particularly enraging since this is one of those banks in Armenia that presents itself as a green bank, while two of its boarding members are actively involved in charity and development projects in Armenia.
As the boycott was becoming more popular, the employees of the bank started a self-defense. They argued that World Bank’s (WB) private-lending arm International Finance Corporation (IFC) and European Bank for Reconstruction and Development (EBRD) do not distribute loans to everyone, and if this project received the support of these institutions, then it is a trustworthy project. They insisted on this on the Facebook rating page of the bank (as the rating of the bank was going down), as well as during individual meetings with some of the dissatisfied customers. (more…)
When was the last time you – voluntarily – tried something new which looked complex to your mind and unpredictable in its consequences? Usually, we overcome our doubts and fears once it is established that trying a new action will have benefits. This post presents three reasons why human rights due diligence is beneficial for companies. (more…)
Human rights due diligence (HRDD for fans) is the core instrument to fulfil the corporate responsibility to respect human rights. This responsibility is stipulated in Pillar II of the UN Guiding Principles on Business and Human Rights (UNGPs). This post gives you a short introduction with some signposts for detailed information at the end.