should be held accountable, in accordance with the polluter pays principle and intergenerational equity.75 3. The investor-owned Carbon Majors have also breached their responsibilities to respect the rights of Filipino people and communities by failing to prevent human rights impacts that are directly linked to their operations, products, or services by its business relationships. As part of their corporate responsibility to respect human rights, the Carbon Majors are required to exercise due diligence in their business activities or relationships. Guiding Principle 17 explains that businesses should “identify, prevent, mitigate and account for how they address their adverse human rights impacts” by carrying out human rights due diligence.76 The human rights due diligence process includes the following elements: • Assessing actual and potential impacts of business activities on human rights; • Acting on the findings of this assessment, including by integrating appropriate measures to address impacts into company policies and practices; • Tracking how effective the measures taken are in preventing or mitigating adverse human rights impacts; and • Communicating to the outside world about the due diligence process and results.77 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 75 United Nations Commission on Sustainable Development, Rio Declaration, Fifth Session, Apr. 25, 1997 at principle 16. 76 Id. at principle 17, page 31. 77 International Coordinating Committee of National Human Rights Institutions and Danish Institute for Human Rights, Business and Human Rights: A Guidebook for National Human Rights Institutions (2013), at 40, http://www.humanrights.dk/files/media/dokumenter/udgivelser/bhr_guidebook_for_nhris_2013_eng.pdf (last access on Apr. 20, 2016) ! ! ! ! ! 35 !