"Report on the first session of the open-ended intergovernmental working group on transnational corporations and other business enterprises with respect to human rights, with the mandate of elaborating an international legally binding instrument", 5 Feb 2016

...[T]he Deputy High Commissioner for Human Rights...noted that the adoption of the Guiding Principles on Business and Human Rights was an important step; he welcomed the intergovernmental process as a complementary step, and stressed that there was no conflict between advocating for both measures as a means to enhance protection and accountability in the business context...[T]he Special Rapporteur on the rights of indigenous peoples noted that an international legally binding instrument on transnational corporations and other business enterprises and human rights could contribute to redressing gaps and imbalances in the international legal order that undermine human rights, and could address the lack of remedy procedures for victims of corporate human right abuses...[T]he Chair-Rapporteur makes the following recommendations...(b) Informal consultations with Governments, regional groups, intergovernmental organizations, United Nations mechanisms, civil society and other relevant stakeholders should be held by the Chair-Rapporteur before the second session of the working group...