Ⅱ Recommendation for NAPs
4) With this trend, the National Human Rights Commission of Korea has recommended
to the public institutions, such as public corporations, to conduct self-evaluation
based on the Commission’s Guidelines on Human Rights Management and
Checklist (2014) and to the Minister of Strategy and Finance, to improve the
evaluation system for performance management of public institutions (2016). At
the same time, measures are necessary to institutionalize considerations of the
corporate responsibility to respect human rights in financial and credit support
for business enterprises and their participation in development aid projects.
C. Recommended content for NAPs
1) Goal
Regarding the business enterprises which the government owns or controls or has
a substantial influence through investment and credit provision, to develop a system
that the concerned business enterprises fulfil their responsibility to respect human
rights.
2) Direction of national policy
Public institutions are connected to business enterprises through their supply chains
and could exert direct or indirect influence on the corporate management through
credit provision for export, ODA, loans or investment. The government needs to
tap into such influence of public institutions, taking incentive measures to guide
and encourage business enterprises to voluntarily carry out their responsibility to
respect human rights.
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