The adopted resolution underlines that ‘The reliance on a voluntary framework to promote business respect for human rights has furthermore proven insufficient and ineffective for workers, society and businesses.’
Referring to various international instruments that are operating concurrently (OECD, Guiding Principles on Business and Human Rights etc.), the ETUC highlights ‘a patchwork of measures that do not provide for legal certainty and legal predictability,’ and which ‘creates unfair competition at European and global level,’ ‘raises public expectation without providing the enabling framework for proper enforcement,’ and ‘provides no stable grounds for investors to evaluate and to compare companies’ sustainability and due diligence processes.’