Promoting Business and Human Rights for Sustainable Economic Growth and Development

 

Photo credit: Pexels.com

 

In many Asian countries, including India, rapid economic growth has led to social and environmental disruption and even labour exploitation, in some cases. Showcasing its commitment towards the UN Guiding Principles on Business and Human Rights (UNGPs), the Ministry of Corporate Affairs (MCA), Government of India had presented the Zero Draft of the National Action Plan (NAP) on Business and Human Rights in 2018. In August 2020, MCA  released framework for Business Responsibility and Sustainability Reporting, which SEBI urged for use by top 1,000 listed entities by market capitalisation on voluntary basis for financial year 2021-22, and on a mandatory basis from 2022-23.

Working with government, businesses, civil society organisations and indigenous communities, UNDP India aims to enable Sustainable Economic Development, through the Protect, Respect and Remedy Framework of the UNGPs. UNDP India intends to raise awareness, build capacity, and facilitate policy coherence in the implementation of the UNGPs, including through support to NAP.

By reducing impacts and risks to human rights due to business operations and supply chains, BHR agenda facilitates trade and investment for sustainable economic development.

This project aims to:

  • Raise awareness of the UN Guiding Principles on Business and Human Rights (UNGPs), and enable exchange of best practices among key stakeholders to build knowledge. Through the creation of the National Action Plan in sync with the UNGPs, for the implementation of the business and human rights, the project will aspire to build political will around the issue of sustainable business.
  • Build public support of the business and human rights agenda through communication and public diplomacy efforts with various stakeholder groups. Through strategic advocacy, the project will garner support for the core issue of labour rights, especially for women, as part of trade and investment policy.
  • The project will build capacity of businesses to conduct human rights due diligence and support in setting up redressal mechanisms in cases where gaps are identified. Through promoting access to remedy via strengthened justice systems, the project will ensure rights-based solutions and prevent future human rights abuses resulting from business operations.

     

    Photo credit: Pexel.com

     

    Explore More:

    VIDEOS:

     
     

    Impact

    START DATE

    June 2018

    END DATE

    June 2023

    STATUS

    Completed

    PROJECT OFFICE
    IMPLEMENTING PARTNER

    United Nations Development Programme

    DONORS

    ASIAN DEVELOPMENT BANK

    Aditya Birla Group

    Australian DFAT

    CITI FOUNDATION

    CVC Philanthropy Ltd.

    China Women's Dev Foundation

    DEPARTMENT FOR INT'L DEVELOPMENT (DFID)

    Dept of Forgn Afrs Trade & Dev

    EUROPEAN COMMISSION

    Faith In Love Foundation (Hong Kong)

    Fujitsu Limited

    GOVERNMENT OF AUSTRALIA

    GOVERNMENT OF FRANCE

    GOVERNMENT OF JAPAN

    GOVERNMENT OF NETHERLANDS

    GOVERNMENT OF POLAND

    GOVERNMENT OF REPUBLIC OF KOREA

    HEDAYAH

    HIVOS

    IKEA Supply AG

    INTERNATIONAL LABOUR ORGANIZATION

    ISLAMIC DEVELOPMENT BANK

    Korea Environment Corporation

    MINISTRY OF FOREIGN AFFAIRS

    MPTF/JP_UN PART RIGHTS DISAB

    OPEC Fund for International Development

    Outright Action International

    POL-UNAIDS

    PRIVATE SECTOR

    SWEDISH INT'L DEVELOPMENT COOPERATION

    Seoul Metropolitan Government

    THA-ROCKEFELLER FOUNDATION

    Tencent Holdings Limited

    UK-Biz, Energy & Ind Strategy

    UK-Foreign & Commonwealth Off

    UN DEPT OF ECONOMIC AND SOCIAL AFFAIRS

    UNITED NATIONS CHILDREN'S FUND

    UNITED NATIONS DEVELOPMENT PROGRAMME

    US Int'l Narcotics & Law Enfmnt Affairs

    USAID

    UnSpecified

    United Nations Office on Drug and Crime

    TOTAL CONTRIBUTIONS

    $114,266,649

    DELIVERY IN PREVIOUS YEARS

    2018$5,684,773

    2019$15,629,695

    2020$16,210,351

    2021$23,010,122

    2022$22,550,645

    2023$3,459,993

    Full Project information