Resolution Supported by Vatican Adopted at UN HR Council
June 27th, 2014
A resolution calling for establishment of a process to look into making the UN Guiding Principles on Human Rights and Corporations enforceable was adopted yesterday by the UN Human Rights Council. Among other things, the resolution establishes “an open-ended intergovernmental working group on a legally binding instrument on transnational corporations and other business enterprises with respect to human rights, the mandate of which shall be to elaborate an international legally binding instrument to regulate, in international human rights law, the activities of transnational corporations and other business enterprises…
Fr. Seamus Finn, OMI, who represents the Oblates in dialogs with major multinational corporations said: “This resolution from the UNHRC is an important milestone in advancing the protection and promotion of human rights and provides transnational corporations with both the opportunity and the framework to participate in this essential endeavor.”
The full text of the UN Resolution is available here….