Chemicals & Manufacturing
Corporations carry out some of the most horrific human rights abuses of modern times, but it is increasingly difficult to hold them to account. Economic globalization and the rise of transnational corporate power have created a favorable climate for corporate human rights abusers, which are governed principally by the codes of supply and demand and show genuine loyalty only to their stockholders.
Activists who have been blocking international bridges between Argentina and Uruguay for the past month to protest the construction of two paper pulp factories on the Uruguayan side of a river separating the two countries expressed mixed reactions to news that the two governments had reached an agreement for a temporary freeze in construction on Saturday.
TRAC is pleased to be able to shed some light on this subject by releasing the first audit of this kind ever to be made public: a confidential Ernst and Young assessment of the Tae Kwang Vina plant, a factory which employs 9,200 workers who produce 400,000 pairs of shoes a month exclusively for Nike in Vietnam.
For nearly six years Ramatex Textile and Garment Factory barred government regulators from entering industrial premises leased from the City of Windhoek. Ramatex came to Namibia in 2001, lured by the newly implemented African Growth and Opportunity Act (AGOA). Evidence of environmental violations finally emerged after the company absconded.
The Kazipally industrial area - once good farm country - now accounts for more than one-third of India's pharmaceutical industry, meaning skyrocketing rates of cancer, heart disease and birth defects for its residents.
Millard ''Mickey'' Drexler, Gap's chief executive, on Tuesday admitted that the company had ''misread fashion tea leaves'' and violated its own principle of ''keeping things simple'' in making a series of fashion mistakes that led to its reporting a $34m loss.
ArcelorMittal, the global steel giant, has been ordered to hand over documents about the environmental impact of two South African facilities to community activists. The Luxembourg-based company, the largest steel producer in Africa, has been accused of polluting the air and water as well as dumping hazardous waste.
Indonesia's economy is riding the recent wave of high global commodity prices. But local pressure is arising towards steel makers and power producers in China and India who have diverted coal supplies abroad by locking in 20-year supply contracts with Indonesian miners.