The Legal Affairs Committee of the Swiss Parliament acknowledges that human rights violations perpetrated by Swiss based multinational companies are of great concern. It initiates a counter-proposal to the «Responsible Business Initiative».
It took the Swiss government four years to publish its National action plan how to put into practice the UN Guiding Principles on Business and Human Rights. The Swiss coalition for corporate justice has analysed the document.
Making a profit while observing human rights – the two things can but need not go together. Yet they ought to. In his book, publicist and economist Markus Mugglin lays the groundwork for a much-needed debate.
On 10 October, the Responsible Business Initiative has been presented to the authorities. The 80 NGOs supporting the initiative share one common goal: Swiss quality must incorporate the protection of human rights and the environment.
The revision of Swiss stock corporation law submitted by the Federal Council remains insufficient. Transparency, respect for human rights and environmental standards should be given greater importance.