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6 J. World Energy L. & Bus. 1 (2013)

handle is hein.journals/jlowdeylw6 and id is 1 raw text is: 

Journal of World Energy Law and Business, 2013, Vol. 6, No. 1


         Editorial



On  16 June 2011 the United Nations Human   Rights Council endorsed what are known  as
the Guiding  Principles on Business and Human  Rights.
  The  Guiding  Principles represent a series of standards, intended to be capable of
international application, which  (broadly) are  aimed  at mitigating the  impact  on
human   rights that might be caused by  the conduct  of business. This is an obviously
ambitious  undertaking. The  Guiding  Principles have achieved a far greater degree of
consensus  in setting a global standard for the business/human   rights interface than
have any of the previous attempts to do so.
  The  Guiding  Principles could have significant implications for the way business is
conducted,  and the oil and gas sector is a prime candidate for the application of the
Guiding  Principles. A visit to BP's website, for example, illustrates the seriousness with
which  the Guiding Principles are being taken, with a review of company-wide  policies
and  practices in relation to human rights in comparison with  the Guiding Principles.
It is suggested that particular attention should be paid to the respect of human rights
in supply chain issues, and in joint ventures where BP does not have a controlling interest
in operatorship. BP  is not  alone here. Every other  socially responsible oil and gas
company   will likely be undertaking a similar review as to comparative compliance and
implementation  of the Guiding Principles.
  The  following article, which was sponsored by the AIPN, represents a masterful exam-
ination of the Guiding Principles, the prospective manner of their application and their
likely impact on  operations in the oil and gas sector. This is a significant emerging
area, which could  have far-reaching implications for the manner  in which  the sector
structures its contracts and relationships, and otherwise conducts itself. This is an evo-
lution which we  look forward to tracking through the future pages of the Journal.

Peter  Roberts


© The Author 2013. Published by Oxford University Press on behalf of the AIPN. All rights reserved.
doi:10.1093/jwelb/jwt001 Advance Access publication 11 January 2013


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