Corporate Accountability

The Problem

Corporations across the globe are increasingly gaining more rights, yet have fewer and fewer responsibilities. We challenge the systems that allow corporations to exercise power and claim rights without accountability.

ERI’s Solution

We focus on major global actors, such as Chinese oversea investors and financiers, as well as emerging financial powers. Increased autonomy allows these emerging financial powers to invest precariously in developing countries and communities are at risk. The weak rule of law in many these countries allows corporations to operate freely and destructively, exploiting vulnerable communities without fear of impunity. The human cost of this lack of accountability is unacceptable.

We confront current systems of destructive development and exploitation and encourage structures that operate according to principles of human rights, environmental protection and justice.

Corporate Accountability Coalition

Every year, as part of the Corporate Accountability Coalition, we publish the Congressional Report Card on corporate accountability. Other Coalition members include the Center for Corporate Policy, Corporate Accountability International, CorpWatch, and the International Corporate Accountability Roundtable. The publication represents an effort to measure Congress’ commitment to keep the power of large corporations in check, to promote transparency and responsible business practices, and to hold corporations accountable for their actions.

Corporations are an important part of modern life and the modern economy, but their interests do not always represent the interests of living, breathing, human beings. This Report Card attempts to serve as an objective measure of Congressional efforts to ensure that protecting people, not corporations, is the primary focus of our laws and policy.

Publish What you Pay

Publish What You Pay (PWYP) is a global civil society coalition that helps citizens of resource-rich developing countries hold their governments accountable for the management of revenues from the oil, gas and mining industries. Natural resource revenues are an important source of income for governments of over 50 developing countries. When properly managed these revenues should serve as a basis for poverty reduction, economic growth and development rather than exacerbating corruption, conflict and social divisiveness.

Projects and Cases

Doe v Chiquita

Sahu v Union Carbide

Jam v IFC

Doe v IFC

Environmental Impact Assessments

Koh Kong Plantation

Xayaburi Dam

Don Sahong

Nicotex

Hongsa

Shwe Gas

CDOGM

Special Economic Zones