Analysing the impact of two major Swiss Transnational commodity trading Corporations on Human Rights in Least Developed Countries (LDCs)

Daniel Tishchenko

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Studienarbeit aus dem Jahr 2018 im Fachbereich Politik - Internationale Politik - Thema: Völkerrecht und Menschenrechte, Universit...

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Studienarbeit aus dem Jahr 2018 im Fachbereich Politik - Internationale Politik - Thema: Völkerrecht und Menschenrechte, Universität St. Gallen, Sprache: Deutsch, Abstract: The main objective of this paper is to analyze the Human Rights practices and policies in developing countries of two Transnational commodity trading corporations (Glencore AG and Trafigura AG) headquartered in Switzerland through the companies' Corporate Social Responsibility Reports (CSR) and then try to find solutions to ensure its compliance. In the last few years, several Swiss Corporations operating in the commodity trading sector have been directly or indirectly implicated in several scandals related to violation of Human Rights in different developing countries rich in raw materials. The analysis of the two companies' official reports showed that there is a great commitment to respect Human Rights in their business process in order to align with the requirements and criteria of the UN and various organizations sensitive to social issues. However, relying solely on the trust of the Transnational Corporations is certainly not enough because there will always be agents who do not take the Human Rights issue into consideration. Therefore, there must be a coercive force acting internationally to punish guilds that commit Human Rights abuses in all the countries in the world, something that unfortunately does not happen today.