DVM 1100 Lecture Notes - Lecture 9: Financial Institution, Due Diligence, Social Impact Assessment

• School: University of Ottawa
• Department: International Development and Globalization
• Course: DVM 1100
• Professor: Christopher Sibbald

Document Summary

Individuals alleging that a business has abused human rights must have access to a judicial re(cid:373)ed(cid:455) (cid:271)ut (cid:374)ot i(cid:374) the (cid:271)usi(cid:374)esses ho(cid:373)e (cid:272)ou(cid:374)tr(cid:455). The gp"s ela(cid:271)orate a(cid:272)(cid:272)ess to re(cid:373)edies (cid:271)ut these do not include a right for a claimant to access the courts in the compa(cid:374)(cid:455)"s ho(cid:373)e state. The guiding principles are criticized because of their non-binding character. On the other hand it would be too difficult to agree on new international treaties or to use law and the courts to enforce them against companies. Therefore they suggest the better option is to engage with companies and convince them to voluntarily agree to implement standards. In certain business se(cid:272)tors (cid:272)o(cid:373)pa(cid:374)ies ha(cid:448)e joi(cid:374)ed (cid:449)ith ngo" to agree o(cid:374) a set of u(cid:374)offi(cid:272)ial sta(cid:374)dards regardi(cid:374)g human rights and pledge that they will implement them. Global network initiative: involving information and communications technology companies signing up to principles regarding freedom of expression and privacy protection on the internet.