...[The] Guiding Principles are informed by extensive discussions with all stakeholder groups...Some of the Guiding Principles have been road-tested as well...Council endorsement of the Guiding Principles...will...[establish] a common global platform for action, on which cumulative progress can be built, step-by-step, without foreclosing any other promising longer-term developments. The Guiding Principles’ normative contribution lies...in elaborating the implications of existing standards and practices for States and businesses; integrating them within a single, logically coherent and comprehensive template; and identifying where the current regime falls short and how it should be improved.