[sponsored by US Council for Intl. Business, US Chamber of Commerce, Intl. Organization of Employers] 
The business and human rights agenda has moved rapidly since 2005, and in a constructive direction that business itself has found helpful. Today...I’ll focus on two key issues addressed by this conference: the corporate responsibility to respect human rights and human rights due diligence...The term “responsibility” to respect rather than “duty” is meant to indicate that respecting rights is not an obligation current international human rights law generally imposes directly on companies, although elements may be reflected in domestic laws...it is a standard of expected conduct...now affirmed by the Council itself when it endorsed the Framework...How does a company avoid infringing on the rights of others, and address adverse impacts where they do occur? Here is where due diligence comes in. Human rights due diligence is a potential game changer for companies: from “naming and shaming” to “knowing and showing.”