The second session of the Open-Ended Intergovernmental Working Group to elaborate an international legally binding instrument to regulate the activities of transnational corporations and other business enterprises concluded on October 28, 2016...In particular, regulation of access to information merits more discussion in future treaty talks.  The treaty offers an opportunity to improve business and human rights outcomes by reducing the risk of abuses occurring in the first instance through mandating disclosure of information on business policies and practices that place human rights at risk.  It could regulate the reporting of information relevant to assessing human rights impacts that are likely to be of interest to affected communities, investors, and consumers...Treaty provisions regulating the collection and dissemination of information could be beneficial for business, investors, consumers and affected communities. Presently, some states do require certain forms of social and environmental reporting, increasingly others states are recommending reporting...Information about human rights impacts could be used by the public to help shape priorities.  It could enable interested observers to encourage businesses to adhere to commitments to respect human rights. It could benefit businesses interested in avoiding complicity in human rights abuses. Regulating business reporting could promote human rights protection.