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from Part I - Rise of Transnational Corporations, Impact on Human Rights, And Victims’ Rights to Remedy
Published online by Cambridge University Press: 04 September 2020
While TNCs stand to benefit greatly from their work in less developed or developing countries, it is frequently the local, most vulnerable populations and communities – often nonconsenting to the development – who absorb most of the costs associated with this economic activity in the form of lower labor and regulatory costs, environmental damages, and civil and human rights violations.1 Although many TNCs are responding to human rights violations by acting responsibly, engaging in due diligence,2 and otherwise establishing mechanisms to assist in the prevention of human rights violations, when violations do occur, victims often do not have any remedy available to them.
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