Proposals are being considered to amend the Swiss constitution to require mandatory human rights due diligence for companies based in Switzerland. This post considers the contents of the amendment, its progress and what Swiss businesses can learn from the experience of their French counterparts in preparing for the “hardening” of the UN Guiding Principles. The
Last week (23-27 October 2017), the third round of negotiations on a binding international treaty on business and human rights concluded. In this post we consider what (if any) progress has been made and what the sticking points are. By way of background, the UN Guiding Principles on Business and Human Rights (the “UNGPs“) currently
The question of how the UN Guiding Principles on Business and Human Rights (UNGPs) should apply to the banking and financial services sector is one that is attracting increasing attention. Indeed, the dialogue has intensified in recent months between UN bodies responsible for interpreting and implementing the UNGPs and representatives of the financial community, including the Thun Group (an informal group of bank representatives focused on understanding the application of the UNGPs to the banking sector).