October 7, 2008

Vote to hold transnational corporations to account

Vote for the world you want to see.

The annual vote on policies put forward for inclusion in the Simultaneous Policy has just opened. This is a package of policies proposed, developed and approved by people around the world to address global problems. Politicians are called on by campaign supporters (known as Simultaneous Policy Adopters) to pledge to implement the policies alongside other governments.

You are invited to vote on the suggestions that have been put forward. Those gaining more than 50% approval remain in the process. If you are not an Adopter you can check a box to register as you do so. There is no cost. You are indicating that in future elections you will either give a preference to candidates who make the pledge to implement the Simultaneous Policy or will call on your preferred candidate - should you have one - to make the pledge.

You can find the voting page at:

I have put forward the proposal for a World Transnational Corporation Regulatory (TNC) Authority, which has been discussed on this group before. There is a summary of the proposal on the voting page with a link to further information in the discussion forum. Please take a look and give this an 'A' vote to continue in the process. If you don't think it warrants an 'A' please let me know so I can explain more about why I think this proposal warrants inclusion!

The World TNC Authority is to provide protection when national regulatory systems do not work to protect citizens and the environment. Initially it will work to enforce the standards that have already been agreed in conventions by governments, which TNC's claim to respect (for example, through their undertakings to the United Nations Global Compact), but in practice many do not. The Authority will accept reports of breaches from appropriate authorities or public petition and, if it finds there is a case to answer, will bring a prosecution before a reformed International Criminal Court. The Court will be empowered to levy fines based on annual turnover on the corporation.

As governments are sometimes lax at enforcing standards on their own corporations to gain a competitive advantage over governments that do, the Court may allow other governments to levy punitive tariffs to recoup income lost due to the unfair competition.

As a third element, the proposal calls the bluff of corporations involved in the UN Global Compact, which produce thick reports boasting of their compliance. These reports will have to be produced to specified standards with a named director legally responsible for their accuracy, in the same way a Financial Director is responsible for accounts. Corporations above a certain turnover or geographical reach will be required to register as 'globally incorporated companies' requiring submission of these legally-binding reports.

Please do support this suggestion by giving it an 'A' vote at:

There are other great proposals to view and vote on, so please be prepared to spend a little time looking them over. This is global democracy in action. For more on the voting process see:

After voting there is the chance to stand for election to the Policy Committee that oversees the policy development process and to send a message to the candidates in the US Presidential election, calling on one or more of them to make the pledge to implement the Simultaneous Policy alongside other governments.

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