In reference to United Nations Guiding Principles on Business and Human Rights (UNGPs), consider the following statements.
- These guiding principles led the foundation for the formation UN Human Rights Council.
- These Guiding Principles provided the first global standard for preventing and addressing the risk of adverse impacts on human rights linked to business activity.
- UNGPs encompass both, states, and corporates to implement framework to protect human rights.
How many of the above statements is/are correct?