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Article

3 Dec 2012

Author:
Institute for Human Rights and Business & Global Business Initiative on Human Rights

State of Play: The Corporate Responsibility to Respect Human Rights in Business Relationships

[T]he Institute for Human Rights and Business (IHRB) and the Global Business Initiative on Human Rights (GBI) are releasing a new report that takes stock of efforts by a group of 14 international companies to address the human rights impacts associated with their daily interactions with business partners of all sizes around the world…Based on discussions with representatives of 14 international companies, the report describes how human rights issues and the UN Guiding Principles are beginning to be incorporated into selected types of business relationships. The report’s findings indicate that the companies involved in the study are increasingly considering human rights impacts with which they are involved through their business relationships, and taking note of the UN Guiding Principles and the corporate responsibility to respect framework as they do so.