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Holy See Speaks out on the Need for Greater Corporate Social and Environmental Responsibility June 17th, 2013
23rd HRC Session Report of the General Debate on Transnational Corporations and Human Rights, 31 May 2013
A recent Statement on Business and Human Rights at the UNHRC in Geneva by the Holy See Ambassadorial highlighted the importance of increased corporate social and environmental responsibility, particularly in light of the tragic factory collapse in Bangladesh that killed over 1,100 people. The Holy See emphasized the need for “a more complete and deliberate consensus about the role and responsibility of corporations in society.” Continuing, the Ambassador suggested that “While a great number of people and corporate leaders have successfully moved beyond the view that the maximization of profit is the sole reason and purpose for corporations, the support and adoption of the legal framework that can serve as a foundation for this new vision is still in its infancy. The search for a consensus that will provide the desirable balance between the role and responsibility of governments and the public sector, and at the same time the space for private corporations to make their valuable contributions to the common good, continues.”
Go Green Tips from the EPA June 14th, 2013
The US Environmental Protection Agency sends out an E-Newsletter with Green Tips that you might find useful. Here are some ideas from the June Newsletter…
Prepare for disaster before it strikes. June is the beginning of hurricane season in the U.S. Individuals, communities, and businesses can plan ahead for safety, shortages, and storm cleanup. http://www.epa.gov/naturaldisasters/hurricanes
WHAT YOU CAN DO, WHAT YOU CAN USE
Hot tips for a cool summer! Save energy in summer and fight climate change. Get tips to reduce energy bills and greenhouse gas emissions. http://www.epa.gov/epahome/hi-summer.htm
Don’t Fry – Any Day! With the start of the summer season, avoid overexposure to the sun’s harmful “UV” rays. Put on sunscreen with SPF 30 or higher. Melanoma, the most serious form of skin cancer is the most common cancer among young adults aged 15-29. http://www2.epa.gov/sunwise/action-steps-sun-safety
Landscaping makes WaterSense! Homeowners or businesses can use WaterSense-labeled controllers for landscape watering. Landscaping water controllers with the WaterSense label meet criteria for efficiency and performance. http://www.epa.gov/watersense/products/controltech.html
You can subscribe at http://epa.gov/gogreen
Major US Cities Vulnerable to Drought June 14th, 2013
Major US cities, including Washington, D.C., New York City, Los Angeles, and San Diego are likely to face water scarcity as climate change increases the potential for drought, according to a study released by the Columbia University Water Center in May.
Along with the potentially 40 million Americans affected in these cities, several “breadbasket region” states such as Nebraska, Illinois, and Minnesota were also considered to be vulnerable areas.
The report, America’s Water Risk: Water Stress and Climate Variability, examines how climate could affect “vulnerability to short and long term droughts,”
The study also notes that population growth and increased demand for water in the future will further decrease water availability, if precipitation and water use patterns remain largely unchanged.
Click here to read more »
EU Parliament Adopts New Transparency Rules for Oil, Gas and Mining Companies June 13th, 2013
Ahead of the G8 Summit, the European Parliament adopted new transparency rules to require oil, gas, mining and logging companies to declare corporate payments to governments in countries where they operate – much like the Dodd-Frank Act Section 1504. At the G8 summit, leaders of the wealthiest nations are to consider reporting requirements for all multinational corporate payments made to governments. This kind of “country-by-country” reporting of profits and taxes can stem corporate tax avoidance to both poor and wealthy nations.
Eric LeCompte, Executive Director of Jubilee USA Network, a faith-based antipoverty organization, released the following statement:
“Hats off to the European Union for promoting transparency and corporate accountability. Let’s hope it inspires ministers at the upcoming G8 meetings to curb corporate tax avoidance and promote transparency for all multinationals.
“The faith community believes that corporate tax avoidance constitutes a theft from the world’s poorest and most vulnerable people. When the G8 addresses this issue in Northern Ireland, they can have a real impact on global poverty.
“It’s clear that the G8 host, UK Prime Minister David Cameron, wants multinational corporate tax avoidance to be addressed. Hopefully he’ll take the energy from the EU to the G8. We’ve got to act as every year poor countries lose more to tax dodging than they receive in aid.”
Read the EU transparency rules here.
Tax avoidance to be on agenda of 17-18 June G8 Summit June 12th, 2013
Senior Catholic bishops from all of the G8 countries urged G8 Ministers to tackle tax avoidance, saying that “paying a fair share of taxes” is a “moral obligation”. Cardinal Brady, the head of Ireland’s Catholic church organized a letter to the G8, urging leaders to make good on their pledge to tackle aggressive tax avoidance at a summit later this month.
Last month, US senators described Ireland as a “tax haven”, accusing it of facilitating a multibillion-dollar tax avoidance structure for Apple. Tax Justice campaigners have argued that Ireland’s ultra-low corporation tax rate of 12.5%, combined with a series of additional tax incentives, is having a corrosive impact on tax coffers elsewhere, particularly poorer nations.
“In terms of tackling hunger, nothing is more crucial…than tax justice”, says Oliver De Schutter, UN Special Rapporteur on the Right to Food.
The Tanzania Energy and Minerals Minister says multinationals’ tax evasion and avoidance by companies and others is “crippling development and negatively affecting government budgets to cover…health, education and food production.” Many multinational companies operating in Tanzania are alleged to have accounts in British Virgin Islands, Cayman Islands, Bermuda and several other places under Britain to avoid paying taxes.
The Business & Human Rights Resource Centre has created a resource on the subject: “Tax avoidance: An introduction”. Please visit their website for this resource and more information.
The Oblates belong to a coalition of non-governmental and faith groups – Tax Justice Network – that is campaigning for a more just international tax system.
