COC

CoC calls for accountable behavior of firms investing in land abroad

Center of Concern | Sun, May 10, 2015

 

As the US government continues to carry out consultations to shape its National Action Plan on Responsible Business Conduct, RightingFinance, Friends of the Earth and Global Witness submitted a joint input calling for measures to improve human rights accountability of financial firms.

The submission calls for disclosure and risk prevention for investments in land and infrastructure, a review of investment treaty clause that allow companies to sue governments attempting to implement human rights obligations and measures to prevent companies’ tax evasion.

RightingFinance is a consortium of human rights and gender organizations that Center of Concern coordinates. The input was delivered at a consultation held by International Corporate Accountability Roundtable and others to communicate views of different interested parties to the US Administration. (Photo credit: Juliette Martin-Prével)