A new world order: Harvard Professor John Ruggie’s final guiding principles on business and human rights
By Michael G. Congiu
Business Advice and Financial Planning,
April 2012
The final U.N.'s Guiding Principles on Business and Human Rights pose an enormously significant set of parameters upon corporations and signify a critical departure from the historical obligation of states to protect and promote the human rights. According to the Guiding Principles, companies now have human rights obligations that are commensurate and may even exceed the obligations of sovereign states.
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