Resources: Corporate accountability, Submission

2 results
A Submission to the UK All-Party Parliamentary Group on International Corporate Responsibility
The Corner House

22 June 2012

A UK Treasury-financed, off-balance-sheet vehicle may be hiding the extent of the financial liabilities of UK Export Finance (formerly the Export Credit Guarantee Department) and may also be concealing its use of taxpayer funds to cover operational expenses.

In addition, UK Export Finance has failed to put in place procedures that would enable it to comply with its legally-binding obligations (notably with respect to human rights) under Article 21 of the Lisbon Treaty.

These are among the conclusions of a recent Corner House submission to a UK Parliamentary group, one part of a broader questioning by civil society groups of the human rights and sustainability practices of Britain's official export subsidy apparatus.

Response to the Stakeholder Consultation
The Corner House and RAID

12 January 2006

The OECD "Guidelines for Multinational Enterprises" are a set of voluntary principles and standards to which multinationals are expected to adhere. Since 2000, NGOs and others can submit complaints against OECD-based companies to OECD government offices set up to promote adherence to the Guidelines. This document is a submission to the UK Government's assessment of the Guidelines' implementation in the UK.