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The drafting of a legally binding instrument concerning the human rights impacts of the activities of Transnational Corporations (TNCs) and other business enterprises has been proposed. Such a treaty or convention should strengthen the United Nations “protect, respect and remedy” framework of the Guiding Principles, which were unanimously endorsed by the Human Rights Council in 2011.

"Transnational Corporations must be legally accountable for the negative human rights impacts of their activities". Statement at the Workshop at the Human Rights Council, www.ohchr.org. March 11-12, 2014.
The drafting of a legally binding instrument concerning the human rights impacts of the activities of Transnational Corporations (TNCs) and other business enterprises has been proposed. Such a treaty or convention