This policy introduces binding international regulation of multinational corporations (MNCs) to close governance gaps and prevent exploitative practices in global supply chains. Its design includes a binding UN treaty on business and human rights, mandatory human rights and environmental due diligence across value chains, enforceable access-to-justice provisions for affected communities, and mechanisms to ensure profits are taxed fairly where they are generated.
The goal is to hold MNCs accountable to global social and ecological standards rather than shareholder primacy.
Implementation requires coordinated UN treaty negotiations, strengthened monitoring by ILO and OHCHR, and harmonisation of national legislation with global standards.
This policy is desirable because it prevents exploitation, reduces regulatory arbitrage, and ensures that corporate activity aligns with the goals of human rights, sustainability, and equitable development.
