PROPOSALS FROM THE GLOBAL CAMPAIGN TO RECLAIM PEOPLES SOVEREIGNTY, DISMANTLE CORPORATE POWER AND STOP IMPUNITY

The Global Campaign advocates for a legally binding UN treaty to hold transnational corporations (TNCs) accountable for human rights violations. The proposals include establishing an International Tribunal on Transnational Corporations and Human Rights, enforcing extraterritorial obligations on home states, extending liability across TNC supply chains, and reforming the international trade and investment regime by ending the Investor-State Dispute Settlement (ISDS) mechanism. The document also calls for the accountability of International Financial Institutions (IFIs) like the IMF and World Bank and the recognition of the rights of affected people to access justice without financial barriers.

• The document argues that TNCs are legal persons and subjects of law who must be held accountable for human rights violations, asserting that their transnational nature does not exempt them from international law.
• Home states have a human rights obligation to regulate the extraterritorial activities of TNCs to prevent and remedy abuses committed abroad, as supported by the 2011 Maastricht Principles.
• The Global Campaign proposes the creation of an International Tribunal on Transnational Corporations and Human Rights to provide an independent judicial forum for affected communities and to render binding sanctions against TNCs and their executives.
• The document identifies a systemic imbalance where TNCs benefit from 'hard law' enforcement via investment arbitration (such as ICSID) while human rights protections rely on 'soft law' voluntary codes.
• To prevent TNCs from using complex corporate structures to avoid liability, the document proposes a 'responsible solidarity' model where parent companies are held accountable for violations throughout their entire value chain.
• International Financial Institutions (IFIs), specifically the IMF and World Bank, are accused of contributing to corporate impunity through structural adjustment policies and loan conditionalities that force states to liberalize economies for TNCs.
• The Investor-State Dispute Settlement (ISDS) mechanism is criticized for allowing TNCs to sue states over regulatory measures protecting public health and the environment, effectively overriding democratic decisions.
• The document proposes three core principles for a new trade and investment framework: the supremacy of human rights over investor rights, the end of the ISDS regime, and the reclamation of state sovereignty over public policy.
• To ensure access to justice for affected people, the document advocates for the removal of court costs, the ability to file class actions, and the limitation of out-of-court settlements that may perpetuate impunity.

APA

Friends of the Earth International (2016). PROPOSALS FROM THE GLOBAL CAMPAIGN TO RECLAIM PEOPLES SOVEREIGNTY, DISMANTLE CORPORATE POWER AND STOP IMPUNITY. https://www.foei.org/wp-content/uploads/2021/10/SIX-points_ENG.pdf

Chicago

Friends of the Earth International. PROPOSALS FROM THE GLOBAL CAMPAIGN TO RECLAIM PEOPLES SOVEREIGNTY, DISMANTLE CORPORATE POWER AND STOP IMPUNITY. 2016. https://www.foei.org/wp-content/uploads/2021/10/SIX-points_ENG.pdf.

Wikipedia

{{cite press release |author=Friends of the Earth International |title=PROPOSALS FROM THE GLOBAL CAMPAIGN TO RECLAIM PEOPLES SOVEREIGNTY, DISMANTLE CORPORATE POWER AND STOP IMPUNITY |date=October 2016 |url=https://www.foei.org/wp-content/uploads/2021/10/SIX-points_ENG.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{friendsoftheearthinternational2016proposals, author = {{Friends of the Earth International}}, title = {{PROPOSALS FROM THE GLOBAL CAMPAIGN TO RECLAIM PEOPLES SOVEREIGNTY, DISMANTLE CORPORATE POWER AND STOP IMPUNITY}}, publisher = {Friends of the Earth International}, year = {2016}, month = oct, url = {https://www.foei.org/wp-content/uploads/2021/10/SIX-points_ENG.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }