Chapter 3- Report of the Research and Policy Development Group iv. There was a need for a paradigm shift from Corporate Responsibilities (CR) to human rights, and this should be reflected in the businesses’ sustainability report. It was noted that the sustainability reports are often very extensive and good but they tend to focus more on CR. Human rights are often not specifically addressed and a lot of actions are very philanthropic. The business entities are encouraged to incorporate its human rights compliance initiatives, if any, in its sustainability report. v. It was suggested that it was important to establish a ‘Matrix or Guiding Checklist’ which could comprise labour protection and policies, products and quality of services, sustainable resources and environmental management, corporate governance and other relevant items. The ‘Matrix or Guiding Checklist’ could help business entities improve their human rights compliance in their operations. (b) Foreign and Commonwealth Office Project The Commission and the UNCT received funding through the Foreign and Commonwealth Office (FCO) for a joint project on ‘Promoting Business and Human Rights in Malaysia for Business Success and Inclusive Growth’. The objective of the FCO Project is to formulate a plan of action for Business and The objective of the FCO Human Rights for Malaysia through the adoption of the Project is to formulate UN Guiding Principles on Business and Human Rights by a plan of action for both State and Non-State actors. The project commenced in July 2014 and is expected to be completed by March Business and Human 2015. In view of the importance of engagement with relevant stakeholders in order to obtain information on the current situation on business and human rights, an RTD was held on 10 November in Kuala Lumpur. This RTD was part of the consultation process including various categories of stakeholders, corporations and GLCs, regulatory authorities, enforcement agencies, and related Government departments and NGOs. Among others, the main objectives of the RTD were: Rights for Malaysia through the adoption of the UN Guiding Principles on Business and Human Rights by both State and NonState actors. i. To provide an interactive platform to discuss recommendations for the Action Plan and Codes of Conduct; and ii. To create sustainable links between businesses and parties involved in human rights protection for inclusive growth in Malaysia. Several local and international speakers were invited to provide information regarding the UN Guiding Principles on Business and Human Rights, businesses’ best practices and the impact of having a National Action Plan. These included Ms Caroline Rees, President of Shift Project Ltd; Mr Mohd Shah bin Hashim, Chair of UN Global Compact Malaysia; Ms Michelle Staggs Kelsall, Deputy Director of Human Rights Resource Center, Indonesia; Mr Soth Saran, Head of 68