Human rights and business: Difference between revisions
(Definition of the w:Human Rights Impact Assessment as a {{Q}}) |
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'''Human rights due diligence''' or '''HRDD''' means giving [[w:due diligence]] to the [[w:human rights]] aspects of | '''Human rights due diligence''' or '''HRDD''' means giving [[w:due diligence]] to the [[w:human rights]] aspects of your planned operation. | ||
{{Q|Due diligence is an investigation of a business or person prior to signing a contract, or an act with a certain [[w:standard of care]].|Wikipedia|[[w:due diligence]]}} | |||
The [[w:United Nations Guiding Principles on Business and Human Rights]] (UNGPs) were presented in 2011 and are considered to be the first global standard for preventing and addressing the risk of adverse impacts on human rights linked to business activity, and continue to provide the internationally accepted framework for enhancing standards and practice regarding business and human rights. | The [[w:United Nations Guiding Principles on Business and Human Rights]] (UNGPs) were presented in 2011 and are considered to be the first global standard for preventing and addressing the risk of adverse impacts on human rights linked to business activity, and continue to provide the internationally accepted framework for enhancing standards and practice regarding business and human rights. | ||
Revision as of 17:16, 9 November 2018
Human rights due diligence or HRDD means giving w:due diligence to the w:human rights aspects of your planned operation.
“Due diligence is an investigation of a business or person prior to signing a contract, or an act with a certain w:standard of care.”
The w:United Nations Guiding Principles on Business and Human Rights (UNGPs) were presented in 2011 and are considered to be the first global standard for preventing and addressing the risk of adverse impacts on human rights linked to business activity, and continue to provide the internationally accepted framework for enhancing standards and practice regarding business and human rights.
The UNGPs encompass three pillars outlining how states and businesses should implement the framework:
- The state duty to protect human rights
- The corporate responsibility to respect human rights
- Access to remedy for victims of business-related abuses
“Human Rights Impact Assessment is a process for systematically identifying, predicting and responding to the potential human rights impacts of a business operation, capital project, government policy, or trade agreement. It is designed to complement a company or government’s other impact assessment and due diligence processes and to be framed by appropriate international human rights principles and conventions.”