Author Archives: Tom Wills and Louise Eldridge

The Independent View: A new vision for better business

Ahead of the 2019 General Election, the Liberal Democrats made a welcome commitment to ensuring “better business”. 

This vital policy promise, which sits squarely in the Party’s commitment to an ongoing pursuit of ‘radical reform’, recognises that the current system is not working to everyone’s benefit, and that firms should be have a positive impact on society alongside pursuing profit. The strongest of the policy pledges was for “a general duty of care for the environment and human rights”: a law requiring UK companies to assess and act on the risks that they pose to, and thus be better placed to prevent, deforestation, modern slavery and child labour.  

There’s never been a better time for the Liberal Democrats to maintain and build on this commitment. The UK is already moving in this direction, not least since the EU’s announcement that it will bring in such a law that will apply it to all companies operating in the bloc, regardless of where they are based.

Layla Moran MP has made the first move, pledging to meet a civil society demand “to support and call for a new law that will require UK companies to conduct due diligence on their human rights and environmental risks and holds companies accountable for failing to prevent abuses that do occur”. We call on Sir Ed Davey MP to match this pledge. 

A new law is sorely needed. The actions of some British companies are damaging communities and ecosystems around the world, shredding our national reputation for fair play. 

Last year, Traidcraft Exchange visited communities in rural Liberia who had been illegally pushed off their land by a British company, Equatorial Palm Oil. The promised compensation payments hadn’t materialised and protestors against the company had been intimidated and beaten with the support of Liberian authorities. Without the land that they had owned and farmed for generations, families were left without food or a reliable income, pushed further into poverty and insecurity.

In the past few years, the CORE Coalition has supported cases brought against three UK-based companies – Vedanta, Shell and Unilever – by communities in Zambia, Nigeria and Kenya, whose lives and livelihoods had been devastated by mining pollution, oil spills and violence. In all three cases, ‘parent’ companies in the UK profited from their overseas operations but failed to protect workers and communities from harm. Victims have had to jump through near impossible hoops to access justice, with the law overwhelmingly stacked in the companies’ favour.

Posted in Op-eds and The Independent View | 4 Comments
Advert

Recent Comments

  • Simon Costain
    Yes @JohnBicknell pro-Europe, green but sane...
  • Chris Cory
    @Ruth Bright. An answer you question, of course we do. Winning more council seats. We may only have the support of 15% of voters but we have become a very bro...
  • Jana
    “ Young people who grew up here increasingly cannot afford to stay” Let’s be honest - when more people want to buy a house in an area than are availabl...
  • William Wallace
    For the record, I think that it's people like me who should accept that they have to be taxed more: that's better-off, but not enormously-wealthy, retirees with...
  • John Bicknell
    In the GE of 2024 the central issue was 'get the Tories out', and the Lib Dems benefited from this, chiefly in the south of England. The next GE will not revol...