For decades, affected communities around the globe have been resisting the modus operandi of transnational corporations (TNCs) in their territories and workplaces and documenting systemic human rights violations and the track record of corporate impunity with their lives and their deaths. Corporate impunity is embedded in and protected by an ‘architecture of impunity’ that legitimises and legalises the operations of TNCs. This architecture has been established through free trade and investment agreements, the World Trade Organisation (WTO), the structural adjustment policies of the International Monetary Fund (IMF), World Bank and other financial instruments and the aggressive push for public-private partnerships (PPPs). At the core of this architecture is the infamous investor-state dispute settlement (ISDS) system, a private arbitration system that allows TNCs to sue states whenever they consider that their future profits are threatened by new measures or policies aiming at improving social and environmental protection. Thus, it neutralises the function of the state, whose primary responsibility is to defend public interest and protect the well-being of its citizens and the planet from corporate interests.
Corporate crime is not due to a few´bad apples´ but to an architecture of impunity and a structure of power that puts corporate rights above human rights. An infographic from the State of Power report 2015
National and international law has been increasingly codified by transnational corporations to protect them from accountability for human rights violations and to bolster a politics of market authoritarianism.
Geneva: March 16, 2018 – The Global Campaign to Reclaim Peoples Sovereignty, Dismantle Corporate Power and Stop Impunity (Global Campaign) (1) welcomes the presentation and acceptance of the report on the 3rd session of the Open-ended intergovernmental working group (OEIGWG) on transnational corporations and other business enterprises with respect to human rights (2) in the United Nations (UN) Human Rights Council 37th session.
This debate on Thursday 25 October focusses on the impact of pollution on indigenous peoples as well as the working of national and international legal instruments, in particular The Hague Court of Arbitration. How does it operate? Who are the judges? Who benefits?
In today's world transnational corporations (TNCs) have asserted themselves as global entities, which exercise their power without any accountability that matches their economic and political influence. The panelists will assess the impact of a 2014 UNHRC initiative that would bind TNCs in terms of human rights and explore alternatives to the current neoliberal system of corporate impunity.
Observatory on Debt in Globalisation (ODG), Transnational Institute (TNI), Mónica Vargas, Brid Brennan
24 June 2013
Forty years after Salvador Allende denounced corporate power at the United Nations General Assembly (December 1972), millions of people all over the world are involved in struggles against the human rights violations and the social and environmental injustice generated by transnational corporations.
Why has the UN allowed 13 corporate partners, many deeply responsible for climate change, to sponsor and influence climate talks in Warsaw? An infographic from a series that illustrates TNI/CEO's COP19 guide to corporate lobbying.
Why are those responsible for the EU crisis profiting from it? Why are the same policies that caused the crisis being used to resolve it? An infographic expose of the EU crisis, its causes and its social impacts.
A series of infographics that expose the massive concentration of land in Europe. Over the last decade, the EU has lost a third of all its small farms, 3% of its farms now own 52% of farm land, and land inequality has become worse than wealth inequality.
Why has the UN allowed 13 corporate partners, many deeply responsible for climate change, to sponsor and influence climate talks in Warsaw? Some compelling infographics that illustrate TNI/CEO's COP19 guide to corporate lobbying.
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.