Controlling corporations

 

Today, of the 100 largest economic entities in the world, 69 are corporations and only 31 are countries*. The power of multinational corporations is rapidly expanding.

In pursuit of huge profits, big business too often gets away with exploiting people, disregarding human rights and destroying the environment.

Multinational corporations are able to do this because of the power they hold. Revolving doors and vast lobbying resources enable corporations to wield significant influence over governments and international institutions to help to advance corporate interests.

And while corporations operate across borders, laws are still primarily nationally based. To date, there is almost no legally binding international regulation of corporations. Nearly all attempts to hold corporations to account at an international level have been voluntary and therefore unenforceable.

It’s time to call corporations to account and stop them exploiting ordinary people and destroying the environment. Join our campaign today. 

 

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Monsanto on trialLearn more: what is the UN Treaty on TNCs?

Read more about the campaign for a UN treaty on transnational corporations in our new campaign briefing.

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* These figures have been taken from a direct comparison of the annual revenue of corporations and the annual revenue of countries. Sources: CIA World Factbook 2015 and Fortune Global 500.

Illustration by Jaboc V Joyce