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Article

25 Feb 2015

Author:
Monidipa Fouzder, Law Society Gazette (UK)

Summit: human rights must be in business DNA – Blair

Human rights must become part of the DNA of all businesses, Cherie Blair QC told the Global Law Summit…Blair said a business’s human rights agenda was not just an ‘optional add-on’…Professor John Ruggie…said he was surprised by the involvement of corporate lawyers during his six years of research which led to the development of the UN’s Guiding Principles…[H]e said: ‘…The guiding principles have built in sensible ways to prioritise…A reporting framework launched at the summit yesterday ‘stresses the concept of salient human rights risks’…Companies, he added, did ‘lousy jobs’ at measuring value destruction. The ‘cost of getting things wrong is not measured well at all,’ he said…[G]eneral counsel…at UN Global Compact, said…interest, particularly from in-house lawyers, on business and human rights…had transitioned from being an ‘emerging topic’ 15 years ago…to now being ‘much more mainstream’. ‘So many lawyers are being engaged with what’s acceptable, not just what’s lawful.’...[Also refers to Unilever]

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