The process of globalization and other global developments over the past decades have seen non-state actors such as transnational corporations and other business play an increasingly important role both internationally, but also at the national and local levels. The growing reach and impact of business enterprises have given rise to a debate about the roles and responsibilities of such actors with regard to human rights.
International human rights standards have traditionally been the responsibility of governments, aimed at regulating relations between the State and individuals and groups. But with the increased role of corporate actors, nationally and internationally, the issue of business’ impact on the enjoyment of human rights has been placed on the agenda of the United Nations. Over the past decade, the United Nations human rights machinery has been considering the scope of business’ human rights responsibilities and exploring ways for corporate actors to be accountable for the impact of their activities on human rights. As a result of this process, there is now greater clarity about the respective roles and responsibilities of governments and business with regard to protection and respect for human rights. Most prominently, the emerging understanding and consensus have come as a result of the UN “Protect, Respect and Remedy” Framework on human rights and business, which was elaborated by the Special Representative of the UN Secretary-General on the issue of human rights and transnational corporations and other business enterprises, building on major research and extensive consultations with all relevant stakeholders, including States, civil society and the business community. On 16 June 2011, the UN Human Rights Council endorsed Guiding Principles on Business and Human Rights for implementing the UN “Protect, Respect and Remedy” Framework, providing – for the first time – a global standard for preventing and addressing the risk of adverse impacts on human rights linked to business activity.
http://www.ohchr.org/EN/Issues/Business/Pages/BusinessIndex.aspx