Last week the NCP, the Dutch National Contact Point for the OECD Guidelines (on corporate social responsibility) issued a press release titled "Parties come to understanding in the POSCO case”. What is the issue, what agreement is reached and between whom? We ask our colleague Wiert Wiertsema, who has been involved in this case from the beginning.
In 2015, the member states of the United Nations committed themselves to the ambitious Sustainable Development Goals (SDGs). Unlike their predecessors, the Millennium Development Goals (MDGs), the SDGs recognise the importance of equality within and between countries, of decision-making processes in which all people are included and heard, and of legal systems that are independent and accessible to all.
Years of heavy protests from the local population, environmental organizations and experts have led to the suspension of the permit for the construction of a huge steel plant and port by the Korean steel company POSCO in an environmentally sensitive area in Orissa (India). This decision was taken by the Indian National Green Tribunal, a special court for the Environment.