Guiding Principles on Business and Human Rights: Implications for Companies

European Company Law, Kluwer Law International, Special Issue on CSR and SRI, 2012, volume 9, issue 2, pp 101-109.

University of Oslo Faculty of Law Research Paper No. 2012-10

10 Pages Posted: 13 Jun 2012 Last revised: 8 Nov 2012

See all articles by Surya Deva

Surya Deva

City University of Hong Kong

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Date Written: June 13, 2012

Abstract

In June 2011, the UN Human Rights Council endorsed the Guiding Principles on Business and Human Rights (GPs) drafted by Professor John Ruggie, the former UN Secretary General’s Special Representative on the issue of human rights and transnational corporations. The GPs are based on the ‘protect, respect and remedy’ framework proposed by Ruggie in 2008. In addition to offering a contextual analysis the GPs and the Framework, this article critically examines the implications flowing from these for companies. In particular, it highlights the steps that companies are expected to take in order to fulfill their ‘responsibility to respect’ human rights and the challenges that they are likely to experience in doing so. It is argued that although GPs do not offer any robust or ready-made solutions to the current situation of corporate impunity for human rights violations, they offer some guidance to companies – especially those with good intentions – on how to conduct responsible business.

Suggested Citation

Deva, Surya, Guiding Principles on Business and Human Rights: Implications for Companies (June 13, 2012). European Company Law, Kluwer Law International, Special Issue on CSR and SRI, 2012, volume 9, issue 2, pp 101-109. , University of Oslo Faculty of Law Research Paper No. 2012-10, Available at SSRN: https://ssrn.com/abstract=2083477 or http://dx.doi.org/10.2139/ssrn.2083477

Surya Deva (Contact Author)

City University of Hong Kong ( email )

School of Law
83 Tat Chee Avenue
Kowloon Tong
Hong Kong

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