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For Immediate Release: July 25th, 2001
Contact:  
Kenny Bruno, CorpWatch, (207) 342-3644
1310Joshua Karliner, CorpWatch, (415) 561-6568
1310Olivier Hoedeman, Corporate Europe Observatory, 31-20-612-7023


International Chamber of Commerce: Wrong Partner for United Nations Global

CorpWatch Releases Fourth in a Series of Exposés

Today CorpWatch is releasing the fourth in a series of articles written by members of the Alliance for a Corporate-Free UN documenting violations of UN Global Compact Principles by the very companies that have signed onto the controversial UN Compact.

The fourth article, written by Olivier Hoedeman and Belen Balanya of Netherlands-based Corporate Europe Observatory, examines the key role of the International Chamber of Commerce in shaping the Global Compact. CEO argues that the ICC's pattern of weakening UN agreements through anti-environment lobbying violates the Compact's Principles 7 (supporting a precautionary approach to environmental challenges) and 8 (promoting greater environmental responsibility).

Arguing that this makes the self-described "world business organization" an inappropriate partner for the UN and undermines the credibility of the Global Compact, CEO calls for the UN to end its partnership with the ICC.

The article can be found at http://www.corpwatch.org

The first three articles in our series discussed violations of specific Global Compact Principles by Aventis, Nike and Rio Tinto, three endorses of the Global Compact.