Justice for corporate victims
The deregulation of world markets has greatly expanded the range of transnational corporations. This change has come about at such a rapid pace that national laws have long lost their ability to impose an orderly framework. The voluntary restraint or social/environmental commitment pledged by companies is often not worth the glossy paper it is printed on. Patents that price life-saving drugs out of reach of poor populations, natural resources exploited without regard for the local environment, or workers exploited ruthlessly in a race to the bottom, you name it – there is nothing that the global players assembled in Davos will not do to improve their bottom line. It is more important than ever to remind corporations of their social and environmental responsibility. We want a legal framework that will hold them accountable for their practices.