National Human Rights Commission of Korea Annual Report 2015 the increasing importance of human rights risk management, many countries around the world Part II Based on the consensus in the universal values to protect and respect human rights as well as began to institutionalize businesses to protect and respect human rights so as to improve their also joined the campaign by declaring the practice of business and human rights as well as formulating their own set of human rights policies. In response to the international demand, Korean businesses began to join the UN Global Compact or write sustainability reports, to deserve their position as a player in the competitive global market. In addition, many public organizations started to operate their own department for business and human rights, utilizing the recommendations issued by the Commission. However, it is also true that domestic awareness of and business practices catering to human rights still have much room for improvement compared to international standards. The Commission made a multi-faceted effort to reflect the global trends in business and human rights as well as to help Korean businesses better understand the new concept in 2015. Besides the activities described below, the Commission launched the Working Group for Business and Human Rights in September, to develop the policies of business and human rights and seek advice from experts in business, academia, and from NGOs. In addition, the Commission reported its progress to the UN, which posted the Commission’s agenda for the NAP on business and human rights. 1) Open briefing for public organizations on business and human rights To enhance the effectiveness of implementating the guidelines on business and human rights issued to 117 public corporations and organizations, the Commission held an open briefing on business and human rights for office heads and personnel from these public bodies on January 23rd. Out of the 117 subjects of the recommendations, 96 sent 160 personnel members and office heads to the briefing. As public organizations started to launch a dedicated department and appoint the personnel in charge of business and human rights in accordance with the recommendations from the Commission, it may be safe to say that we are on the initial stage of building a system for business and human rights. After the briefing, 115 subjects accepted the Commission’s recommendations on the implementation of the guidelines on business and human rights so far. Part II Major Activities of NHRCK | 65 Major Activities of NHRCK national image and strengthen the competitiveness of their businesses. Major global businesses

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