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What are the UN Guiding Principles
The UNGPs are an international, authoritative business and human rights instrument. They were developed in 2011 by Harvard professor, John Reggie. The United Nations then unanimously adopted the UNGPs to define and operationalise what it means for businesses to respect human rights.
How can the UNGPs benefit companies?
Companies which align with the UNGPs naturally experience the moral benefits associated with respecting Human Rights. However, aside from these moral benefits, companies also gain many business benefits. The main benefits companies will experience are outlined below:
- Improved stakeholder relationships.
- Improved risk management.
- Increased competitive advantage for attracting and retaining employees, sales, attracting investments, etc.
Additionally, by aligning business operations with the UNGPs, companies live up to the internationally authoritative minimum standard for socially responsible business behaviour. Many states are beginning to make the UNGPs legislature which means it’s only a matter of time before the UNGPs become internationally recognized in the legal world.
What’s new in ‘Trishul’?
Updated forms and reports.
Collaborative features. Work across the unit.
Cost and action reports. Keep track of your goals and expenses.
At-a-glance measures to keep on track.
GLOBAL CSR is a Corporate Social Responsibility consultancy firm based in Copenhagen, Denmark. We specialize in social sustainability and the use of the UN Global Compact as well as the UN Guiding Principles on Business and Human Rights in practice.
For more info, check out our website.
+45 44 99 55 06