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Article

28 Oct 2011

Author:
John Ruggie

Managing human rights impacts in a world of converging expectations

What are adverse human rights impacts costing your company? Increasingly, executives and boards need to understand these costs and ensure they have adequate systems in place to identify and address such impacts. Management of human rights risks should be part of a firm’s overall approach to risk management...Legal risks include exposure to claims under the Alien Tort Statute...The UNHRC formally endorsed the Guiding Principles in June 2011...Major business groups...support the principles...