This civil society statement identifies critical areas in the current draft of the Guiding Principles released on 22 November 2010 that need revision or further elaboration. Unless addressed, these gaps will prevent the Guiding Principles from effectively advancing corporate responsibility and accountability for human rights and so may fail to gain widespread acceptance by civil society. The current draft of the Guiding Principles does not provide sufficient guidance to States and business to close the governance gaps identified by the SRSG as the root cause of the business and human rights predicament today.