The secretariat of the Organisation for Economic Cooperation and Development (OECD) and Wikirate presented the findings of a benchmarking study of implementation of the OECD due diligence guidance for responsible supply chains of minerals from conflict-affected and high-risk areas
The Secretariat of the OECD and WikiRate revealed a benchmarking study of the of the implementation of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (“Minerals Guidance”) by 503 “companies producing, trading and sourcing minerals or metals based on their public disclosures”. This study has shown “major shortcomings in disclosure related to implementation, especially on how companies use due diligence practically to identify and mitigate risks” and that “companies might do more than they disclose, or conversely exaggerate their performance in public-facing documents.”
The IPCC released the third part of its sixth assessment report
At the begin of April the United Nations Intergovernmental Panel on Climate Change (IPCC) released the third part of its sixth assessment report, which showed that total net anthropogenic GHG emissions have continued to rise in the last two decades and has in fact been the “highest increase in average decadal emissions on record”. The report highlights that around 40% of the world’s population is “highly vulnerable” to the impacts of climate change. The report notes that the window of opportunity for action to meet the Paris Agreement goals to limit the average global temperature to rise to 1,5°C above pre-industrial levels and thereby secure a liveable future will be quickly closing as this would require emissions to peak by 2025. Without a strengthening of policies beyond those that are already implemented, GHG emissions are projected to rise beyond 2025, leading to a median global warming of 3.2° by 2100 which would have devastating and irreversible impacts on human kind, and other species, the ecosystems and the planet. The IPCC also made available a press conference presentation which focused on some of the key options to decrease the significantly greenhouse gas (GHG) emissions in the following sectors: energy; demand and services; land use; industry; urban; buildings; transport.
Authors: Ana Carina Duarte, Rafaela Oliveira and Mariana Ferreira