The Centre for Research on Multinational Corporations (SOMO) is an independent, not-for-profit research and network organisation
working on social, ecological and economic issues related to sustainable
development. Since 1973, the organisation investigates multinational
corporations and the consequences of their activities for people and the
environment around the world. More...
Nomadic herders in rural Mongolia face health impacts, displacement and intimidation as a result of a large iron ore mine, financed by the European Bank for Reconstruction and Development (EBRD). These impacts are directly related to business factors such as the need for infrastructure, mine lifespan and production targets. If such factors come into conflict with meaningful stakeholder engagement, rights are deprioritized and community livelihoods threatened. The involvement of a development finance institution, which requires compliance with social and environmental standards, is no safeguard against such adverse impacts.
Today SOMO is releasing a case study on the Mongolian mining company Altain Khuder, as part of a larger series on the impacts of the global iron ore sector. This report aims to provide insight into Altain Khuder’s business strategies and how these are linked to human rights impacts on nomadic herders in rural Mongolia. The report shows that commonly used research methodologies can be significantly enhanced when the ethical and legal frames are complemented with a business strategy analysis.
A new issue of the newsletter "EU Financial Reforms" edited by SOMO and WEED, has been released.
Rachmi Hertanti works for Indonesia for Global Justice (IGJ), an organisation that carries out research and organises campaigns with a view to improving trade and investment treaties. In the course of a partnership meeting organised by SOMO, Rachmi spoke about the urgency of her work and Roos van Os (SOMO) talked about the partnership between SOMO and IGJ.
The third annual UN Forum on Business and Human Rights was held in Geneva, December 1–3. This multistakeholder forum focuses on the prevention and management of the adverse effects that companies have on human rights. SOMO organised a side event on the Forum’s opening day.