Ireland

Actions

II. Initial priorities for the Business and Human Rights Implementation Group

The State Duty to Protect Human Rights [page 18]

• Encourage and support awareness of effective human rights due diligence by state owned or controlled companies
• Encourage and support effective human rights due diligence in the context of state support to business and NGOs.
• Promote awareness of relevant multi-stakeholder and multilateral initiatives such as the UN global Compact, the Principles for Responsible investment and the Children’s Rights and Business Principles among state owned or controlled companies.

Annex 1 – list of additional and ongoing actions to be carried out across government

Trade and Investment [page 20]

Ensure awareness of the international Finance Corporation (IFC) performance standards among state owned companies that invest in or manage projects, outside of OECD high income countries, which exceed the euro equivalent of us$10 million.