Human Rights is the New Business Risk, 20 Sep 2016

...[With] the recent adoption of mandatory transparency legislation in many countries, enforcement of human rights principles in the private business sector is no longer a mere aspiration for human rights NGOs but rather a real risk for corporations.

Lawyers and corporations nevertheless too often focus on the hard law vs soft law debate when it comes to human rights. Because they are “voluntary” initiatives, human rights frameworks are given less attention in the core business strategy and have historically been confined to a marginal corporate social responsibility department.

This is changing.

A recent research conducted by Legal Business suggests that adopting a human rights policy no longer is a marginal practice...