Chile

Pillar II. The Corporate Responsibility to Respect Human Rights

Strand 3: Report in the field of human rights [pages 56-57]

The Guiding Principles stress the importance of the State in terms of encouraging business enterprises to communicate the way they address the risks of adverse impacts on human rights -through reports or other means. Sustainability reports may contain information about the way the business enterprise had identified and addressed risks in the field of human rights.

3.1. The Ministry of Economy will: o Encourage the development of a Guide about the duty of public enterprises regarding human rights. o Foster the use of reporting mechanisms about human rights between public business enterprises.

Promote, through the Division of Associativity and Social Economy, strategies and mechanisms of accountability and non-financial reporting for cooperatives, which will include the potential risks of their businesses on human rights. To encourage the use of this practice, an electronic template will be developed in 2017, free of charge and freely available, for these bodies to report to the State and their different target audiences.