Demand Dignity: Close the accountability gap: Corporations, human rights and poverty

Index Number: ACT 35/006/2009
Date Published: 28 May 2009

Privatization and economic globalization have given companies unprecedented access to new territories, and expanded their reach across national borders. However, regulation of companies, including transnational regulation, to ensure respect for human rights has failed to keep pace. All companies must be regulated effectively in order to prevent the pursuit of profit at the expense of human rights. To be effective, regulation must provide for appropriate investigation, sanctions and redress for harm.