Report of 2nd session of UN Intergovt. Working Group on proposed treaty
"Report on the second session of the open-ended intergovernmental working group on transnational corporations and other business enterprises with respect to human rights", 4 Jan 2017
...State delegations acknowledged the work of the Chair-Rapporteur and the transparent and inclusive process of consultation...They recalled that many actors had struggled for more than 40 years to develop effective global standards to hold companies accountable...While recognizing that some positive measures had been implemented nationally and regionally, the group posited that in order to promote global compliance with a uniform standard, action must be initiated to develop an international legally binding instrument...Many delegations stressed that business enterprises could support the economy and contribute to development while respecting human rights...Many delegations recognized that the Guiding Principles and the mandate of the working group were mutually reinforcing...[T]he Chair-Rapporteur makes the following recommendations:...The Chair-Rapporteur should prepare a new programme of work on the basis of the discussions held during the first and second sessions of the working group and the informal consultations to be held, and present that text before the third session of the working group for consideration and further discussion...