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NEWS>> PUBLICATIONS >> CONTACT >> Multilanguage - Indonesian - Spanish - Chinese |
FinnWatch established to monitor companies FinnWatch established to monitor companies The trade union movement has brought forward problems related to labour rights. Human rights, development and environmental organisations have been pointing out the consequences of increased influence exercised by multinational companies. The effects of world wide division of labour, production and trade have been the focus of consumer organisations. Companies must apply international commitments such as the UN Declaration of Human Rights, ILO core labour standards and Rio principles. Even the OECD Code of Conduct for multinational enterprises and UN Global Compact give direction to companies. Various operating principles written by companies themselves are becoming common, and even they shall not be forgotten. FinnWatch started its activities in October 2002, to find out whether the deeds of Finnish companies in the South correspond to their words here. At the beginning of 2006, there were at least 3780 Finnish companies abroad with 910 subsidiaries. Their operations have spread to all continents, especially to Asia and Latin America. According to rough estimates, there are close to 200 Finnish companies operating in China. - FinnWatch carries out research and produces information summarized in articles and reports that are mainly spread through our website. FinnWatch collects, analyses and spreads information on Finnish companies in developing countries and economies in transition where there is reason to believe that conditions are environmentally or socially unsatisfactory. It is interested in the consequences of these companies’ operations on human and labour rights, the environment and developmental and social consequences in the South. FinnWatch cooperates with Nordic Watches and many other organisations that are working on CSR. It produces information for our network, media and the public. We also give direct feed-back to companies involved. FinnWatch’s objective is to bring about concrete improvements in developing countries and economies in transition when business activities are environmentally or socially unsatisfactory. It wants to increase awareness of these consequences in companies and encourage them to true responsible action. The project promotes cooperation of Finnish organisations in monitoring Finnish companies. Our work is carried out with as much transparency as possible, with respect to all parties involved. Further, FinnWatch aims at promoting solutions to discovered problems. FinnWatch is a network of seven organisations: The budget for 2006 is around 60 000 euros, out of which 40 000 euros are support from the Development Policy Information Unit of the Ministry for Foreign Affairs. The project employs Eeva Simola, M.A. Journalist as its producer and 1-2 trainees at a time. For more information, please write to |
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