The UN Guiding Principles on Business and Human Rights outline the corporate responsibility to respect human rights, including in supply chains, and to provide effective remedy to victims of business-related human rights abuses. These expectations are often difficult to implement in day-to-day business operations, in particular due to the complexity of supply chains or operations in challenging contexts with weak governance and a lack of strong institutions.

In the context of a fast-changing world, new human rights challenges frequently emerge and companies may struggle to keep up with the constant push to play a positive role in tackling such challenges, to align their business strategies and to understand in practice what it means to take a holistic look. Companies continue to face challenges in areas such as...