We believe that the UN could advance the human rights agenda as well as the implementation of the Guiding Principles by explicitly addressing the role of investors in supporting the corporate duty to respect human rights...[The] Guiding Principles do not address directly the special position of influence held by investors, as the owners of public companies, to support or hinder the efforts of those companies to implement robust human rights policies and due diligence processes. Nor do the Guiding Principles emphasize that the responsibility of all businesses to respect human rights also applies to investment institutions. These are significant gaps...[We] encourage the UN to ensure the Guiding Principles are integrated within its initiatives in the field of responsible investment, UNEP-FI [Finance Initiative] and PRI [Principles for Responsible Investment], as well as within the UN Global Compact.