Transform Trade charity says British-based companies are among main bringers of cases based on bilateral investment treaties
UK companies operating overseas are afforded far greater legal protections than the citizens of the countries they invest in, leading to corporations getting away with human rights and climate change abuses, a report has found.
The Transform Trade charity says the majority of UK bilateral investment treaties (BITs) contain no mention of climate change, the environment or human rights, meaning companies are not held accountable for violations.
Transform Trade charity says British-based companies are among main bringers of cases based on bilateral investment treatiesUK companies operating overseas are afforded far greater legal protections than the citizens of the countries they invest in, leading to corporations getting away with human rights and climate change abuses, a report has found.The Transform Trade charity says the majority of UK bilateral investment treaties (BITs) contain no mention of climate change, the environment or human rights, meaning companies are not held accountable for violations. Continue reading…