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Article

6 Jun 2006

Author:
Business Leaders Initiative on Human Rights

[DOC] Businesses call for a common framework on Business and Human Rights

The Business Leaders Initiative on Human Rights calls for a common framework on business and human rights...This clarity would be key not only for business but also for shareholders, investors and other stakeholders...[the framework] would need to be universal in its application yet specific enough to help guide an individual corporation. It should be applicable within business sectors with different backgrounds of encountering human rights challenges and within countries at different stages of economic and social development...The member companies of BLIHR during its first three years (2003-2006) were ABB...Barclays...Gap...Hewlett-Packard...MTV Networks Europe, National Grid...Novartis Foundation for Sustainable Development, Novo Nordisk...Statoil...Body Shop International [part of l’Oréal]...BLIHR is embarking on a second three year phase from 2006-2009 and during this period the companies are pleased to extend the membership to new companies indicating a desire to work constructively with them to reach their objectives over this period.