The UN recently concluded its review of its Guiding Principles on Business and Human Rights, one of the most significant frameworks in the promotion of human rights.
The initial charter turned ten years old in June last year; the new framework is aimed at making it fit for purpose over the next decade. The Guiding Principles are the reference points for companies to meeting its responsibility to ‘respect' human rights, drawing up a human rights policy, conducting due diligence, and ensuring they treat workers and customers fairly. Its ten-year review comes at a time when respect for human rights has moved sharply into focus in the context of ESG and the drive for sustainable, socially responsible investment strategies. Institutional investors, ...
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