International Law Observer is glad to welcome a guest contribution by Richard Reibstein. Richard Reibstein is an environmental attorney, analyst and trainer with expertise in pollution prevention and regulatory policy innovation. He also teaches environmental law and policy at Boston University. The focus on voluntary reporting, norms, guidance, and the concept that companies can do well by doing good is laying a foundation for the evolution of a more humane transnational commerce. But this foundation will not be strong unless it incorporates legal accountability. Without the ability to enforce pledges of responsibility, promises remain mere promises, and those who have…