IRRC No. 887

Assessing the roles of multi-stakeholder initiatives in advancing the business and human rights agenda

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Growing reliance on 'multi-stakeholder initiatives' (MSIs) aimed at improving business performance with respect to specific human rights-related challenges has become a significant dimension of the evolving corporate responsibility agenda over recent decades. A number of such initiatives have developed in direct response to calls for greater state and corporate accountability in areas of weak governance and violent conflict. This article examines the evolution of key MSIs in light of the 2011 adoption of the United Nations (UN) Guiding Principles on Business and Human Rights and addresses challenges facing these initiatives in the future. Keywords: multi-stakeholder initiatives, UN Guiding Principles on Business and Human Rights.

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