"Principles for Responsible Contracts: Guidance for Negotiators" now available in booklet form
Author: Office of the UN High Commissioner for Human Rights (OHCHR), Published on: 8 October 2015
This publication identifies 10 key principles to help integrate the management of human rights risks into contract negotiations on investment projects between host State entities and foreign business investors. It is the product of four years (2007–2011) of research and multi-stakeholder consultations under the mandate of the Special Representative of the Secretary-General on the issue of human rights and transnational corporations and other business enterprises, Professor John Ruggie...[It] has been developed specifically for use by State and business negotiators with a view to ensuring that projects bring benefits to people and that their potential adverse impact is managed appropriately...The experiences of both States and business investors point to the advantages of considering human rights risks early, before projects get under way and before adverse impact occurs...