The UN treaty on transnational corporations and human rights
17 October, 2016
17 October, 2016
In 2014 a people’s victory was celebrated at UNHRC: The vote on Resolution 26/9 established a new Inter Governmental Working Group (IGWG) to develop an international legally binding instrument to regulate transnational corporations (TNCs) and other businesses with respect to human rights.
From 23 to 27 October this year the UN will start negotiations of a draft text with elements for the Treaty at the 3rd session of the IGWG. Once again social movements are preparing a parallel Week of Mobilization in Geneva , preceded by advocacy efforts in capitals and at regional levels around the world, led by Friends of the Earth member groups and allies.
Join us in this historic process towards ending corporate impunity - when business actions abroad lead to human rights violations and environmental crimes that go unpunished.
"It is a time for a legally binding instrument to control transnational corporations with respect to human rights. A treaty that also gives victims of corporate abuses access to justice where there is none and challenges the economic and political power of TNCs."
Lucia Ortiz, Friends of the Earth International.
Companies systematically put profits before the environment and human rights. Many TNCs are richer and more powerful than the states trying to regulate them. Too often big business captures political decision making spaces, such as UN negotiations, and in so doing shapes environmental policies to suit its interests. Businesses are too well protected and rarely held to account for their abuses.
We need a legally binding treaty to pave the way for justice for victims and to hold corporations to account. Relying on businesses to voluntarily regulate themselves simply does not work.
The answer? Rights for people, rules for business.
Friends of the Earth International was in Geneva again as the UN continues to work towards developing a binding treaty o...
Last week in Geneva at the UN Human Rights Council, a treaty for transnational corporations and human rights was once mo...
First historic step towards better human rights and environmental protection.
People power was at the forefront of talks on a treaty for transnational corporations and human rights this week in Gene...
"Rules for Business, rights for people" leaflet (Friends of the Earth International)
Karin Nansen on the need for a Binding Treaty: The risks of corporate power concentration to human and peoples, Geneva June 2017
Fires started by companies to clear land for palm oil and paper plantations. 60 million people were exposed to smoke in 2015 alone. 439 companies are involved, funded by international banks. But people are fighting back. Together we can save the forests and peatlands.
Secret tribunals, companies suing for lost future profits, settlement costs exceeding relief funds; this is the reality of ISDS (investor-state dispute settlement) mechanisms. Stand with us against the dangerous trade and investment regime that favours corporations over people and planet!
People calling for human rights :Stories from the movement for a binding treaty on business and human rights, July 2015
Image: Victor Barro/Amigos de la Tierra
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