Established in 2000, the Voluntary Principles on Security and Human Rights (Voluntary Principles) is a multi-stakeholder initiative(MSI) involving governments, companies, and nongovernmental organizations that promotes implementation of a set of principles that guide oil, gas, and mining companies on providing security for their operations in a manner that respects human rights. Specifically, the Voluntary Principles guide companies in conducting a comprehensive human rights risk assessment in their engagement with public and private security providers to ensure human rights are respected in the protection of company facilities and premises.
Overview of the Voluntary Principles:
Why Implement the Voluntary Principles?
While the duty to protect human rights rests with governments, businesses have a responsibility to respect human rights as outlined in the UN Guiding Principles on Business and Human Rights,1 by acting with due diligence to avoid harming people and addressing adverse impacts with which they are involved. Extractives companies often operate in complex environments with little guidance on the ground on how to observe their human rights responsibilities. The Voluntary Principles helps companies identify human rights risks and take meaningful steps to address those risks in a manner that helps ensure respect for human rights in their operations.
The Voluntary Principles provide a framework for companies to manage risk effectively by:
1 The Guiding Principles are the first set of UN-endorsed global guidelines on business and human rights, and provide an important framework and focal point for corporations, states, civil society, and other actors as they work to strengthen their respective approaches to business and human rights.