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Urgent need for binding obligations on transnational corporations raised at the UN

By Brid Brennan

, by TNI

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.

The Transnational Institute has joined many civil society organisations and social movements urging the UN Human Rights Council to reject the “Guiding Principles” by Mr. John Ruggie, Special Representative of the UN Secretary General (SRSG) on Human Rights and Transnational Corporations (TNCs) and other business enterprises.

The Guiding Principles fail to make any recommendation for binding regulations on Transnational Corporations, even though Ruggie received many proposals on the need for such regulation from civil society organisations. The respect-protect-remedy framework proposed by the SRSG instead relies on voluntary action by TNCs.

Read more and download the verdict and the statement on TNI

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