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Paper analyses need for binding treaty on business & human rights, recommends states use UN Guiding Principles when enacting legislation

"Corporate responsibility to respect human rights: Is the UN Guiding Principles on Business and Human Rights up to the task or is there a need for a Treaty on Business and Human rights?", Oct 2014

 …[T]his research seeks to critically assess whether the UN Guiding Principles on Business and Human Rights are in fact inadequate to the extent that there is an urgency for an international treaty on business and human rights to be established by the international community…[T]he research critically considers the arguments of those advocating for a treaty while advancing cogent and practical reasons as to why the call for a business and human rights treaty may be redundant and superfluous…[T]his research is by no means to be perceived as an obstacle to the proposal for a treaty on business and human rights. Rather, it is an attempt to establish a case that the UN Guiding Principles may perhaps be the best compromise that can ever be reached to impose obligations on non- state entities for human rights compliance…The paper…[recommends] that the UNGP be transformed into an International Model Law…[that] will serve as a standard setting and blue print that states could draw inspiration from when enacting laws, frameworks and policies that seeks to impose human rights obligations on business corporations within their respective domestic jurisdictions…