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Ruggie guidance and the law

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Page 1: Lawsocpresentation j une2011

Ruggie Guiding

Principles- integrating

them in business10.05.2011

Page 2: Lawsocpresentation j une2011

Introduction

• Number of reasons why the Guiding Principles were not made a treaty

• What is the legal nature of the principles?

• What is soft law?

Page 3: Lawsocpresentation j une2011

Harder than law?

• The Guiding principles well grounded in international law

• Cite international principles in almost every principle

• Legal theory that creation and application of law cannot be clearly separated

• Standard setting

Page 4: Lawsocpresentation j une2011

Operational principles for companies

• Guiding principles to identify corporate responsibility: Respecting human rightsTake account of impacts Create a policy Internal due diligence Integration into internal processesReporting Remediation of problems

Page 5: Lawsocpresentation j une2011

How?

• Addressing strategy

• Addressing risk

• Addressing operations

• What about reporting?

Page 6: Lawsocpresentation j une2011

A lesson from Sustainable development

• Companies embracing sustainability

• Strategic reviews

• Procurement

• Supply chain management

• Stakeholder engagement

Page 7: Lawsocpresentation j une2011

www.clt-envirolaw.com

http://www.clt-envirolaw.com

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