abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

7 Sep 2004

Author:
Maria Livanos Cattaui, International Chamber of Commerce

[PDF] [International Chamber of Commerce (ICC) letter to Dzidek Kedzia & submission to UN consultation on business & human rights]

...voluntary initiatives serve many constructive and useful purposes, including setting aspirational goals that organizations can work to achieve, coordinating policies among various organizations, communicating the commitment of an organization to a policy or position, and providing guidance to organizations seeking to improve their own performance. However, these voluntary instruments can only be a complement to and not a substitute for national law and its effective implementation.