ABSTRACT

Chapter 2 outlines the book’s structure. Part II examines the evolving social and economic context in which business’ detrimental impacts on human rights have occurred. It analyses various factors including the globalisation of markets; increasingly complex and disparate supply chains; and governance gaps in many emerging nations where multinational corporations are operating. It clarifies some similarities and differences between the areas of business and human rights and corporate social responsibility more broadly. It also outlines the concept of creating shared value, and its relevance to business and human rights. Having done this, Part II then traces the origins and development of the UN Guiding Principles, and their precursors in the UN system. Part III of the book analyses the legal and non-legal implications for business of human rights. It also considers some recent developments in the areas of modern slavery and sexual assault and harassment. Part IV examines what actions a company should take to actively start addressing the human rights-related risks in its business and supply chain. Part V provides some illustrative case studies or “snapshots” from four different industries: apparel, fast-moving consumer goods, electronics, and banking.