Human rights and environmental protection in value chains
Sherpa has been working for many years to implement a binding legal framework to make parent and instructing companies accountable for their subsidiaries and subcontractors, particularly when their activities result in human rights abuses and environmental damage.
Tackling illicit financial flows
Sherpa fights Illicit Financial Flows (IFFs): corruption, money laundering and tax evasion. We work notably on ill-gotten gains cases, financial intermediaries liability, the fight against tax havens and transparency in extractive industries.
Whether it is money from corruption or tax evasion by multinationals, IFFs are a major development issue for emerging countries, loosing more than fifty billion dollars each year. These IFFs deprive developing countries from resources that could be used to finance much-needed public services, ranging from security and justice to basic social services such as health and education. While illicit financial flows exist in all countries – and produce victims everywhere – their social and economic impact on developing countries is even more serious, worsening the debt burden of states.
