STWR - Share The World's Resources

A special edition of the 'Latin America in Movement' magazine discusses the international call to action towards building together a global campaign to dismantle corporate power and impose binding obligations on transnational corporations at the global level. Compiled by America Latina en Movimiento.

As the United Nations Conference on Environment and Development (UNCED) turns 20, there are real concerns about the increasing influence of major corporations and business lobby groups within the UN. A report by Friends of the Earth International.

It is urgent to create binding rules for transnational corporations, for it is a question of the sovereignty of states and the right of people to decide their future. This process can only be resumed with the mobilization of engaged citizens worldwide, write Alejandro Teitelbaum and Melik Özden.

The widely held intuition that a minority of corporations exert disproportionate economic power has now been proved. A relatively small group of multinational companies, mainly banks, control almost 80% of the global economy, according to research by Stefania Vitali et al.

According to new research, 98 out of 100 UK’s biggest companies listed on the London Stock Exchange are using tax havens. The UK government must urgently rethink its current proposals to relax anti-tax haven rules, says a report by ActionAid.

The 18th annual survey on 'executive excess' explores the intersection between CEO pay and aggressive corporate tax dodging, and concludes that the US has a corporate tax system today that works for top executives — and no one else. By the Institute of Policy Studies. 

SABMiller, the world’s second largest brewing company, avoids an estimated £20m of taxes in Africa and India every year – enough money to educate a quarter-of-a-million African children, according to a report by ActionAid.