Posts Tagged ‘TNCs’

NEWS: UN Human Rights Council agrees to start negotiating about a binding treaty against human rights abuses by corporations

July 11, 2014

The NGO Aliran reports “Victory!” in describing today’s decision (11 July 2014) by the UN Human Rights Council UNHRC to start elaborating an international, legally binding instrument to regulate the activities of Transnational Corporations [TNCs] with respect to human rights. The resolution passed with twenty states in favor, fourteen mostly European states against and thirteen abstaining at the twenty-sixth session of the UN Human Rights Council. More than eighty nations and 500 organisations supported the  resolution, which could bring about a legally binding treaty on businesses and human rights. Read the rest of this entry »