Rio+20: Friends of Paragraph 47
The official press release of Brazil, Denmark, France and South Africa, who are forming a group of ‘friends of paragraph 47’ to advance corporate sustainability reporting. To that effect, they have invited Global Reporting Initiative (GRI) and the United Nations Environment Programme (UNEP) to support them. Read the full article here.
The article focuses on the political nature of the paragraph, moving beyond incremental volunatry initiatives. It looks at the capacity building section of the paragraph, and how investors' engagement is of significant importance. Read the full article here.
The post analyses paragraph 47 in an unembellished fashion which provides a 'translation' of the paragraph from the perspective of numerous groups, including optimists, pessimists, activists an others. Read the full post here.
The article looks at the release of the outcome document, and the formuation of the group "friends of paragraph 47", which includes the governments of Brazil, Denmark, France and South Africa. The group's vision is that corporate transparency and accountability are key elements to enhancing the private sector’s contribution to sustainable development and that making sustainability reporting standard practice among companies will contribute to monitor the impacts on and the contribution to sustainable development by the corporate sector. Read the full article here.