A/HRC/23/32
(e)
In the context of the corporate responsibility to respect human rights,
actors in the financial sector should contribute to efforts and initiatives aimed at
clarifying the operational implications of the Guiding Principles as applied across
different segments of the financial sector, including with regard to access to remedies
for any human rights impact caused, contributed to or linked to the activities of the
financial sector. Furthermore, standards and guidelines elaborated by financial sector
actors should be amended as appropriate to incorporate the Guiding Principles.
D.
United Nations system
73.
The Working Group calls on organizations of the United Nations system, in
addition to the implementation of the recommendations made by the SecretaryGeneral in his report42 and the Human Rights Council in its resolution 21/5, to
advance the business and human rights agenda, to also consider the following specific
actions:
(a)
To ensure increased coordination of initiatives relating to business and
human rights, and to ensure alignment between such initiatives and the Guiding
Principles;
(b)
To cooperate with the Working Group, intergovernmental organizations
and national stakeholders to raise awareness and build the capacity of State
authorities and business enterprises at the national level to implement the Guiding
Principles;
(c)
To ensure the integration of the Guiding Principles and the corporate
responsibility to respect human rights into the post-2015 development agenda and
framework;
(d)
To integrate references to human rights and the Guiding Principles into
United Nations standards and instruments on investment and finance, including the
Principles for Responsible Investment.
E.
Intergovernmental and regional organizations
74.
The Working Group calls on intergovernmental and regional organizations to
consider the following actions to build further convergence with the Guiding
Principles:
(a)
Regional organizations should support and encourage national efforts to
implement the Guiding Principles, including by facilitating the exchange of
experiences and lessons learned from national implementation plans and initiatives.
(b)
Public and private governance frameworks that address business
conduct should ensure alignment with the Guiding Principles, including with the
corporate responsibility to respect and with grievance mechanisms.
(c)
Public and private governance frameworks that have grievance
mechanisms should measure the performance and effectiveness of these mechanisms
on the basis of the effectiveness criteria established in the Guiding Principles.
42
A/HRC/21/21.
23
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