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Firms’ human rights due diligence (HRDD) and communication on their human rights impacts are not only elements in the Corporate Responsibility to Respect human rights (Pillar Two), but also to be promoted by States as part of their State Duty to Protect (Pillar One) through regulatory strategies aiming at shaping business conduct. Analysing the EU’s 2014 Non-Financial Reporting Directive as an example of governmental regulation for promoting responsible business conduct, the article discusses conditions for HRDD and reporting as a communication process to stimulate organizational change in accordance with the UN Guiding Principles to avoid harm, including through affected-stakeholder engagement. Applying socio-legal regulatory theory along with organizational and accounting literature, the article finds that the Directive’s predominant focus on ex-post measures appears to be a neglected opportunity to induce ex-ante organizational learning and changed business conduct to prevent adverse human rights impact. It offers recommendations for regulators and stakeholders for stronger regulation.
This article contends that Hannah Arendt’s writing can add value to current discussions on responsible leadership. Specifically, considering responsibility through an Arendtian lens offers insights that deepen our understanding of the interconnections among leadership, responsibility, and ethical action. Turning to Arendt can, therefore, increase our grasp of the complexities of leading responsibly. She shows how acting responsibly requires not only ethical forethought but also a willingness to judge for ourselves. Her emphasis on judgment enriches discussions on responsible leadership, encouraging us to think more deeply about what it might mean to act responsibly, and how such action connects with ethics. Examples of irresponsible action are explored as they concern individual and collective judgment in particular political and corporate contexts. Thus, it is by engaging with the messy realities of everyday life that an Arendtian turn can help us rethink leadership, ethics, and responsibility in new and productive ways.
Recognizing that their relations in the field of trade and economic endeavour should be conducted with a view to raising standards of living, ensuring full employment and a large and steadily growing volume of real income and effective demand, and expanding the production of and trade in goods and services, while allowing for the optimal use of the world’s resources in accordance with the objective of sustainable development, seeking both to protect and preserve the environment and to enhance the means for doing so in a manner consistent with their respective needs and concerns at different levels of economic development.
Desiring to reduce distortions and impediments to international trade, and taking into account the need to promote effective and adequate protection of intellectual property rights, and to ensure that measures and procedures to enforce intellectual property rights do not themselves become barriers to legitimate trade;