Work starts on a binding treaty for multinational company responsibility with respect to human rights violations

The first session of the “intergovernmental working group on transnational corporations and other business enterprises with respect to human rights,” guided by the UNO Human Rights Council came to a close on Friday 10 July after four days of meetings. The group was tasked with deliberating the issue of a binding treaty on multinational corporations’ responsibility for violations of human rights.
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A resolution adopted on 26 June 2014 by the UNO Human Rights Council provided for the implementation of an intergovernmental working group to negotiate binding international standards on multinational corporations with respect to human rights (c.f. article No. 8500). As an extension of the Guiding Principles with respect to corporations and Human rights adopted by the UNO in 2011 (c.f. article No. 110451) the idea is to guarantee access to justice for victims of human rights violations due...

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