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Childrens Rights With respect to business responsibilities regarding childrens rights, the UN Committee on the Rights of the Child has identified that duties and responsibilities to respect the rights of children extend in practice beyond the State and State-controlled services and institutions and apply to private actors and business enterprises, and that all businesses must meet their responsibilities regarding childrens rights and States must ensure they do so. [320] The Committee also notes that voluntary actions of corporate responsibility by business enterprises, such as social investments, advocacy and public policy engagement, voluntary codes of conduct, philanthropy and other collective actions, can advance childrens rights, but that these actions are not a substitute for State action and regulation of businesses or for businesses to comply with their responsibilities to respect childrens rights.[321]The committee has paid particular attention to contexts where the impact of business activities and operations on childrens rights is most significant, including where businesses operate abroad in areas where there is insufficient State protection for childrens rights. [322] The Childrens Rights and Business Principles, developed by UNICEF, the UN Global Compact, and Save the Children and launched in March 2012, identify a comprehensive range of actions that all business should take to prevent and address adverse impacts connected with their activities and relationships, and maximize positive business impacts on childrens lives
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