To Regulate or not to regulate – That is the Question!

It seems to be a common assumption, perhaps an incorrect one, that business is not in favor of regulation of their activities. A recent findings report initiated by the United Nations Working Group on Business and Human Rights (UNWG) would seem to question that assumption, to some extent [1].

To go back in time, from 2005 to 2011 John Ruggie served as UN Special Rapporteur on Business and Human Rights and he in this capacity he produced  the UN Guiding Principles on Business and Human Rights (UNGP). This framework is intended to be the global standard to prevent and address the risk of adverse impacts on human rights linked to business activity. Continue reading

Human Rights are inalienable and indivisible!

I was happy to present my views on Business and Human Rights and corporate governance to Professor Marina Curran’s Masters Class on “Business Responsibility and Sustainability” this week.

For me it was important to tell students about the current debate on the importance of Human Rights to Business and in the Education of Business students – Financial Times: Human Rights should be on the MBA curriculum. This knowledge and understanding is so relevant and important for their future careers! Continue reading