The undersigned social movements and civil society organisations welcome and support the initiative taken by a number of States in the Human Rights Council towards establishing an international legally binding instrument, concluded within the UN system, clarifying the human rights obligations of transnational corporations, in particular in relation to human rights violations, economic and ecological crimes, and abuses, and establishing an effective mechanism to provide remedies and access to justice for all affected people in cases where such remedies are de facto not provided in domestic jurisdictions.