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...
In September SOMO got a new and broader management team. Next to Esther de Haan and Ronald Gijsbertsen, Roos van Os and Gerhard Schuil joined the MT. Roos van Os has been working as a researcher at SOMO for the last seven years; Gerhard Schuil was managing director at Oikos until September. He also chaired Rank-a-Brand and worked at ICCO.
On the occasion of EU Anti-Trafficking Day (18 October), a campaign is launched today to raise awareness about labour exploitation and human trafficking taking place in Europe. Used in Europe is a campaign initiated by La Strada International, with whom SOMO is researching cases of labour exploitation in Europe. The campaign is supported by a wide range of anti-trafficking NGOs.
A U.S. federal agency, the Overseas Private Investment Corporation (OPIC) recently released a revealing independent investigation report describing its role in a failed biomass project in Liberia. OPIC approved over US$200 million in financing for the project, operated by Buchanan Renewables (BR). SOMO has published two research reports in recent years about the impacts of BR on stakeholders in Liberia.
A new issue of the newsletter "EU Financial Reforms" edited by SOMO and WEED, has been released. The newsletter reports on what to expect from the new European Commission and on the tenacious struggle of the states against tax avoidance of companies. This newsletter contains also brief updates on 'Financial services in CETA, TiSA and TTIP' and on ‘Negotiations on Financial Transaction Tax’.
Iron ore mining has pernicious effects on the nomadic inhabitants of the Govi Altai region in Mongolia. The European development bank that financed this mine should have known better, concludes the research organisation SOMO.