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The United Nations Guiding Principles on Business and Human Rights (UNGPs) is an instrument consisting of 31 principles implementing the United Nations' (UN) "Protect, Respect and Remedy" framework on the issue of human rights and transnational corporations and other business enterprises.
The United Nations Guiding Principles on Business and Human Rights stand as the authoritative statement on the human rights standards corporations should adhere to. The Principles consist of a three pillar framework: protect, respect and remedy.
Conducting a Human Rights Impact Assessment is an integrated part of the UN Guiding Principles on Business and Human Rights (UNGPs), which is the "authoritative global standard on the respective roles of businesses and governments in helping [to] ensure that companies respect human rights in their own operations and through their business ...
The Guidelines provide non-binding principles and standards for responsible business conduct in a global context that are consistent with applicable laws and internationally recognised standards. The Guidelines are an annex of the Declaration on International Investment and Multinational Enterprises. [2]
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In 2005, Annan appointed Ruggie as the UN Secretary-General's Special Representative for Business and Human Rights. [ 6 ] [ 4 ] In that capacity, he developed a set of principles, the UN Guiding Principles on Business and Human Rights , [ 1 ] [ 7 ] which the UN Human Rights Council endorsed unanimously in 2011.
The reporting techniques were encouraged to rely on recognized frameworks such as GRI's Sustainability Reporting Guidelines, the United Nations Global Compact (UNGC), the UN Guiding Principles on Business and Human Rights, OECD Guidelines, International Organization for Standardization (ISO) 26000 and the International Labour Organization (ILO ...
The Voluntary Principles Initiative (VPI) was established in 2000, and although developed before the United Nations Guiding Principles on Business and Human Rights, the VPs are consistent with the responsibility of business to respect human rights as outlined in the UN Guiding Principles.