Given the impunity with which corporations in Asia and the Pacific operate, the adoption by the UN Human Rights Council of a Resolution last year to elaborate a binding instrument provides a critical opportunity to advance corporate accountability
This blog entry offers brief comments on three interrelated aspects: the role of international law in regulating corporate conduct impinging upon human rights, the nature and scope of the proposed international instrument(s)
In the middle of last year, the Human Rights Council passed a resolution that establishes ‘an intergovernmental working group on a legally binding instrument on transnational corporations and other business enterprises with respect to human rights’
It’s been lively, to say the least. The debate over a binding international treaty on corporate human rights responsibilities has revealed deep divisions between the south – largely behind it – and Europe and other OECD member countries, which are staunchly opposed.
After multiple unsuccessful attempts to adopt a set of norms relating to the human rights responsibilities of transnational corporations, the United Nations succeeded in  with the Guiding Principles on Business and Human Rights…