On 8 July 2019, Parliamentarians from the 57 participating States of the Organisation for Security and Cooperation in Europe (OSCE) have adopted the Declaration on Advancing… Read More »Strong call from OSCE countries to support the negotiations to ban lethal autonomous weapons
UN-draft binding treaty on human rights for transnational corporations and other business enterprises.
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.
The need for a binding treaty which holds companies to account in their operations, particularly for operations in developing countries, has long been pushed by civil society organisations as the existing soft instruments (such as the UN Guiding Principles on Business and Human Rights) do not have the required legal weight or binding force. It is largely acknowledged that Corporate self-regulation has failed. The local laws and deficient enforcement mechanisms in some countries mean that people affected by corporate human rights abuses have no access to effective grievance mechanisms. Companies and communities shown in our Dirty Profits report over time have shown the difficulties communities and individuals face in accessing compensation from corporate transnational companies such as Exxon, Chevron, Glencore, Barrick Gold and many others.
Glencore, the world’s largest commodity corporation, is suspected of corruption in the Democratic Republic of the Congo and is expected to be sued on that… Read More »“Relationships” in Congo – Corruption allegations against Glencore
The Tuticorin copper smelter located in a South Indian city of 320,000 and owned by Vedanta Resources, has faced criticism for more than two decades… Read More »Deadly protests lead to the closure of Vedanta’s copper smelter in southern India
Eni is facing a number of charges in the year 2018. The largest and most well-known case is that of Eni’s corruption allegations in relation… Read More »Eni’s many court cases and allegations of 2018.
Syndicate of banks, including European banks, signs agreement with Norilsk Nickel for 2,5 Billion over five years.
Norilsk Nickel, as reported in our previous Dirty Profits 5 report , has had serious concerns in relation to environmental pollution and health problems for the… Read More »Syndicate of banks, including European banks, signs agreement with Norilsk Nickel for 2,5 Billion over five years.
Investigations by the FBI into the alleged Russian manipulations of the 2016 US presidential elections are now including the Deutsche Bank. There is a suspicion… Read More »Trumps Business with Deutsche Bank being investigated by FBI
As reported by n-tv and Handelsblatt the attorney general of Frankfurt authorised raids on offices in the Commerzbank headquarters as well as 3 private houses… Read More »Raid on Commerzbank headquarters for suspected tax evasion