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22 Jun 2016

Motoko Aizawa, Institute for Human Rights and Business (IHRB) & Sara Blackwell, Intl. Corporate Accountability Roundtable (ICAR)

UNGPs after 5 years: Event highlights notable achievements, remaining challenges & movement towards regulation

"Where have the UN Guiding Principles Taken Us and Where Do We Go Next?", 20 June 2016

On June 16, 2016, IHRB and the International Corporate Accountability Roundtable…co-organised a commemorative event to mark the five-year anniversary of the unanimous adoption of the UN Guiding Principles on Business and Human Rights (UNGPs)…During the event, Professor John Ruggie and a multi-stakeholder panel discussed what has been achieved in the area of business and human rights since the UNGPs were adopted, where gaps in protection continue to exist, and what the most appropriate next steps are in the movement toward greater corporate accountability for human rights…[M]any spoke about the desirability…of moving away from voluntary initiatives and into the domain of regulation, including mandatory due diligence…Overall, the event highlighted the many notable achievements that have taken place in the business and human rights arena since the adoption of the UNGPs, but ultimately called for all stakeholders to better "walk the talk" of the UNGPs in order to ultimately address the many challenges that remain.