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The Accountability and Corporate Social Responsibility of Multinational Corporations for Transgressions in Host States through International Investment Law
Utrecht Law Review Pub Date : 2018-06-15 , DOI: 10.18352/ulr.441
Yulia Levashova

Traditionally, International Investment Agreements (IIAs) do not include obligations for investors concerning human rights, international labour standards and environmental protection standards owed to a host state. IIAs were designed to protect and promote foreign investors and their investments. However, with the inclusion of broader non-economic objectives, i.e. sustainable development objectives, in a new generation of IIAs, the content of investment treaties in terms of the rights and obligations of states and investors has been changing. There has been a shift towards recognizing the responsibility and accountability of investors, which is observable in a number of recent IIAs and in several decisions by investment tribunals. This article analyses the legal implications of the Corporate Social Responsibility (CSR) provisions found in a number of IIAs in terms of investor responsibility and accountability. Furthermore, the article discusses the obligations of investors under human rights treaties and the role of the investor’s conduct in deciding on substantive investment protection guarantees, such as the fair and equitable treatment (FET) of investors.

中文翻译:

跨国公司通过国际投资法向东道国的过境行为追究责任和企业社会责任

传统上,《国际投资协定》(IIA)不包括投资者对东道国应承担的有关人权,国际劳工标准和环境保护标准的义务。国际投资协议旨在保护和促进外国投资者及其投资。但是,随着新一代国际投资协定中纳入更广泛的非经济目标(即可持续发展目标),投资条约的内容在国家和投资者的权利和义务方面正在发生变化。在承认投资者的责任和问责制方面已经发生了转变,这在最近的一些国际投资协议和投资法庭的多项决定中都可以观察到。本文分析了许多国际投资协定中关于投资者责任和问责制的企业社会责任(CSR)条款的法律含义。此外,本文还讨论了投资者在人权条约下的义务,以及投资者行为在决定实质性投资保护担保(例如,投资者的公平和公正待遇)方面的作用。
更新日期:2018-06-15
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