Civil society groups, trade unions, affected communities and MEP’s, will gather at a conference in Brussels later this week to urge the EU to promote an International People’s Treaty & International Tribunal that regulates transnational corporations and investments for the public interest.
The International Call is out for a new regulatory regime that will end the impunity of Transnational Corporations (TNCs). This includes the demand for a World Court that will judge and sanction economic, political and ecological corporate crimes and ensure justice for affected communities and sectors.
On the one-year anniversary of the massacre of 34 striking workers at the Lonmin plc Marikana mine in South Africa, the members of the Global Campaign to Dismantle Corporate Power and Stop Impunity, of which TNI is part, express their ongoing solidarity with the Lonmin plc mineworkers, their families and the entire Marikana community.
The impunity of Transnational Corporations for human rights violations globally and the need for Binding Regulation on TNC operations emerged as a core agenda at the Vienna + 20 Civil Society Conference held in Vienna from 25-26 June 2013.
John Ruggie's proposed guidelines to the UN on Human Rights and Transnational Corporations fail to bring TNCs under any binding law, thefore enabling human rights and environmental crimes to continue with impunity.
"Voluntary" codes and corporate social responsibility (CSR) approaches have repeatedly failed to tackle corporations' human rights abuses and environmental crimes.