A VICTORY FOR VICTIMS OF BUSINESS HUMAN RIGHTS ABUSES
On 25 June, the UN Human Rights Council (HRC) in Geneva adopted – by majority vote – a Resolution on the elaboration of an international legally binding instrument on transnational corporations and other business enterprises with respect to human rights.
The Resolution calls for the establishment of an Intergovernmental Working Group (IGWG) with the mandate to elaborate “an international legally binding instrument to regulate, in international human rights law, the activities of transnational corporations (TNCs) and other business enterprises”.
Through the establishment of an IGWG, the content and the scope of such an instrument will be discussed by States in an open, transparent and participatory process, in which civil society will have the opportunity to engage. In fact and Intergovernmental Working Group is a long-term and universally respected method in which States can dialogue and be engaged to address the issue.
Why is this Resolution so important?