Mainly as a result of the globalization of the economy transnational companies increasingly have to deal with the effect of their presence on society in particular countries. These also include developing and transitional countries whose governmental structures are weak or in which civil unrest reigns.

In principle, it is one of the tasks of government to ensure that human rights are observed. They are required to

• observe and not infringe human rights
• prevent human rights abuses by third parties
• take measures to achieve full implementation of human rights
  

Although the Universal Declaration of Human Rights is directed towards governments, it states that all institutions in society are obliged to promote and recognize human rights. The business community is therefore jointly responsible for promoting human rights.

A commitment to human rights is also in a company's own interest. Companies are increasingly confronted by society's social and environmental expectations, any disappointment of which may result in a damaged image and reputation (e.g. child labour). Moreover, they often invest in countries in which the human rights situation is questionable or in conflict regions. The commitment of business to human rights may contribute to political stability, sound risk management and ideal conditions for production and investment.

Stable relationships and good conditions for doing business are of major importance to a country like Switzerland which depends on brisk trade relations. It is therefore in its own interest to support sustainable development, peace and stability, good governance and respect for human rights all over the world. This includes the following measures:

• Promoting dialogue between the business community, politicians and civil society, mainly through discussion and study platforms.
• Discussing the subject of human rights and business with other countries.
• Commitment at international level to the renewed and continued development of initiatives, e.g. the "Global Compact" of the United Nations (UN) or the "Guidelines for Multinational Enterprises" published by the Organization for Economic Cooperation and Development (OECD).
• Supporting the increased focus of International Monetary Fund and World Bank programmes on combating poverty.
• Financing research projects.
• Developing instruments for integrating human rights into business processes.
• Advising companies.
• Analysing political risks.