Items tagged:
Ethical investment
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IIED launches new 'Insights' series linking business and sustainability
IIED has today released the first in a new series that will deliver practical evidence and strategic insights to support businesses and investors as they address environment and development challenges
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Human rights should be at the heart of investment policy making
If foreign investment is to promote inclusive sustainable development, investment policy must take human rights seriously
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As global agri-investment increases, policies must put local people centre stage
Agricultural investment policies favour big businesses, a new report shows. We must reshape them so investments meet local people's needs.
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Principles for responsible investment fail to support sustainable development
Principles intended to encourage socially and environmentally responsible investments generally fail to do so, according to the first comprehensive review of their use — published today by IIED.
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Deepwater Horizon one year on: what has the oil industry learned?
A year ago today, the oil industry was shaken by a blowout on the Deepwater Horizon rig, 1500 metres deep in the Gulf of Mexico. The explosion killed 11 people and spilled 200 million gallons of oil. BP’s bill – over US$8 billion to date – is expected to reach US$32 billion after all damage claims have been made.BP wasn’t solely responsible for the spill. BP’s contractors were also held to task, including Transocean, the rig owner; Halliburton, who did the cement job; and Cameron International, who built the blowout preventer. The incident highlighted the complexity – and vulnerability – of today’s oil and gas contracting arrangements.IIED’s new report Shared value, shared responsibility: a new approach to managing oil and gas contracting chains argues that a shift in industry culture is required to manage the challenges posed by complex chains of oil and gas contractors in increasingly risk-laden environments.
