The Principles are a joint initiative by UNICEF, the UN Global Compact and Save the Children. The development process was officially launched on 24 June 2010.
The Principles are rooted in the widely recognized notion that every societal actor has a role to play in taking action to respect and support children’s rights. The private sector, for example, has enormous potential to impact children’s lives, both positively and negatively, through its operations, products, marketing practices and other activities.
But while the business and human rights agenda has evolved significantly in recent years, a child rights perspective has rarely been applied to the discussions. Prior to the Principles, no comprehensive framework existed to guide business on the full range of actions to respect and support children’s rights specifically. The Principles aim to fill this gap.
The Principles offer a comprehensive range of actions that business can take to respect and support children’s rights; inform government engagement with business on children; seek to be a reference point for existing and future initiatives; promote business-multi-stakeholder collaboration; and raise awareness of the positive and negative impact of business on children.
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