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11 Nov 2015

Adam Smith-Anthony & Laura Edwards, Omnia Strategy

UN Forum Series Blog: Where does human rights fit within business?

[M]easuring and reporting on progress to implement the United Nations Guiding Principles on Business and Human Rights (UNGPs) will form the focus of this year’s UN Forum on Business and Human Rights. While their starting points undoubtedly vary, the various players...from across the Business and Human Rights community agree that this is a vital step in developing the field and for the mutual benefit of companies and the communities in which they operate. For example, some campaigning groups see companies’ pronouncements on human rights as mere lip-service to corporate responsibility, and so set out to hold businesses to account for failing to meet their self-professed standards and values. At the other end of the spectrum, there are corporate leaders examining the business case for proactively managing their organisations’ human rights impacts, for whom Key Performance Indicators, Return on Investment and Year-on-Year tracking data form the lingua franca of commercial monitoring, analysis and planning...With corporate responsibility issues more and more falling within the remit of Legal, General Counsel would be well advised to eliminate silos within their organisations and to coordinate effective, company-wide responses to the challenges set out by the UNGPs...