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Article

29 Oct 2018

Author:
Jake Johnson, Inequality.org

NGO study denounces influence of companies, incl. over UN policies on human rights

"157 of World’s 200 Richest Entities Are Corporations, Not Governments", 19 Oct 2018

An analysis by Global Justice Now (GJN) published [on 17 October 2018] found that the world’s most profitable companies are raking in revenue “far in excess of most governments,” giving them unprecendented power to influence policy in their favor and skirt accountability...

In a statement accompanying the striking new figures, GJN director Nick Dearden denounced Britain’s Tory government for eagerly assisting this “rise in corporate power"...

Denouncing powerful governments for “routinely” opposing “the call of developing countries to hold corporations to account for their human rights impacts at the U.N.”...

Despite continued efforts by the international business lobby to squash them, negotiations on the U.N. Binding Treaty on Human Rights and Transnational Corporations [were successful]...

[Refers to Apple, Shell, Walmart]