UN-draft binding treaty on human rights for transnational corporations and other business enterprises.

Crude oil in an open toxic oil waste pit abandoned by Chevron in the Ecuadorean Amazon Rainforest near Lago Agrio. Photo by Caroline Bennett/Rainforest Action Network via Flickr.

The negotiation process towards a meaningful treaty on business and human rights has been underway since 2014 at the UN Human Rights Council. The process has been a slow one but the development and release of the draft treaty in July this year is a strong indication that there is a clear change coming to the world of business and human rights.   ... →

Dirty Profits 1-6

Dirty Profits 6: 

The global extractives industry is heavily involved in some of the worst labour, environmental and human rights violations. The rights of communities, farmers and indigenous people are being trampled in the push for ever more extraction. Indeed all businesses must respect and contribute to the society where they operate, and investors too have a critical role to play, particularly in the current mining upturn.   ... →

Still no binding regulations on indirect human rights violations committed by German Companies

| Bild (Ausschnitt): © Raimond Spekking [CC BY-SA 4.0] - climatevisuals

In 2011 the UN Human Rights Council unanimously endorsed the Guiding Principles for Business and Human Rights. These 31 principles are based on three key principles; the duty of states and enterprises to protect and respect human rights and the possibility of legal remedy in the event of human rights violations. One of the  principles in relation to this is that Companies should  undertake human rights due diligence assessing human rights impacts not just in their own activities, but should also linked to wider impacts of their operations and activities.   ... →

Financial sectors’ association with human rights abuses of asylum seekers in Australia

 Blick in das Manus Island Detention Centre, Quelle: Wikipedia | Bild (Ausschnitt): © DIAC images [CC BY 2.0] - Wikimedia

A new report released by the Human Rights Law Centre and partners, details the extent of financial sector involvement in companies associated with human rights abuses in Australia’s offshore detention centres (ODC’s).

It draws attention to the company Ferrovial, a global services company. Ferrovial acquired Broadspectrum in May 2016, despite the knowledge that it was responsible for human rights abuses at the core of the offshore detention regime.   ... →

Banking without Principles?! – Banks rate low in BankTrack report

In June 2016, BankTrack published its second edition of “Banking with Principles? – Benchmarking Banks against the UN Guiding Principles on Business and Human Rights“. Using 12 criteria in 4 categories (policies, due diligence commitments, reporting and access to remedy), based on the UN Guiding Principles on Business and Human Rights, BankTrack assessed 45 of the largest banks globally, including Commerzbank and Deutsche Bank.   ... →

Businesses fuel violations of human rights in West Bank

The Israeli settlement policy in the occupied areas in the West Bank is frequently medially in the focus of the interest and often produces indignation around the world and the international community refuses the settlements as contrary to international law. In the new Human Rights Watch report, the organization shows in which way the global operating companies and financial institutions not only profit from violations of human rights in the occupied areas, but also contribute to the maintenance and development of the settlements.   ... →