Binding Treaty Demand #7: Protection from Corporate Capture
Impunity prevails with transnational corporations (TNCs) that systematically violate human rights. We need an international treaty to ensure that communities affected by TNC crimes have access to justice.
Sheyda Naficy from Corporate Accountability International (CAI) explains how corporations are able to influence rules and regulations to their benefit. You wouldn’t allow a fox to guard the chicken coop, would you? So, why would we let TNCs to write their own rules? We need a provision in the currently discussed UN Binding Treaty on TNCs and Human Rights to leave TNCs influence out.
In the Global Campaign to Reclaim Peoples Sovereignty, Dismantle Corporate Power and Stop Impunity we have always stressed the importance of focussing on holding transnational corporations accountable for human rights violations.