Tuesday, March 13, 2012

'Nuff said

(Taking context-optional note of thought-provoking quotes)

'Whereas the text of the Guidelines employs the verb should, the Commentary of the Guidelines suggests that enterprises have an obligation to respect human rights because "respect for human rights is the global standard of expected conduct for enterprises."'

-- Dr. Jernej Letnar Černič, Lecturer in Human Rights Law at the Graduate School of Government and European Studies, and at the European Faculty of Law, both in Slovenia. The quote appears in his ASIL Insight commenting on the 2011 Update of the OECD Guidelines for Multinational Enterprises, adopted by the Organisation for Economic Co-Operation and Development in May of last year. (logo credit) Černič's comment underscores the problem of the nature of obligation with regard to corporate responsibility, as does this one, also from his Insight:
'The major weakness of the OECD Guidelines is their unenforceability.'

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