Resource RegistrationBusiness & Human Rights: How Companies are Managing Human Rights Risks Around the Globe
Human Rights Day commemorates the day on which, in 1948, the United Nations General Assembly adopted the Universal Declaration of Human Rights. In 1950, the Assembly passed resolution 423 (V), inviting all States and interested organizations to observe Dec. 10 as Human Rights Day. In honor of this, Nasdaq and BrownFlynn are hosting a special conversation on the implications of human rights issues on modern global business.
Growing shareholder and stakeholder interest in environmental, social and governance (ESG) issues continues to raise awareness about the relationship between modern global business practices and human rights issues. Many corporations are taking the lead by developing very specific and detailed Human Rights Policies and Position Statements. They are publicly disclosing how they address the most salient human rights impacts and are making these publicly available through voluntary reporting. New regulatory requirements will soon make similar approaches mandatory for companies of a certain size operating in certain jurisdictions. In fact, the Business & Human Rights Resource Center serves as a clearinghouse for such corporate disclosures on Human Rights, as do others, such as the Shift UN Guiding Principle Reporting Framework database. In addition, business groups like the United States Council for International Business (USCIB) have dedicated programing aimed at supporting members in understanding emerging corporate human rights issues and offering a channel of feedback to represent business perspectives to stakeholders on these developments.
Hear from leading experts on the intersection of business and Human Rights:
Evan Harvey, Director of Corporate Responsibility, Nasdaq; Ariel Meyerstein, PhD, Vice President, Labor Affairs, Corporate Responsibility & Corporate Governance, United States Council for International Business (USCIB); Beth Holzman, Independent Business & Human Rights Advisor; Paul Lalli, Global Counsel – Labor & Human Rights, General Electric
Please register for instant access to Business & Human Rights: How Companies are Managing Human Rights Risks Around the Globe:
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Statement from the most senior decision-maker of the organization about relevance of sustainability to the organization and the organization’s strategy for addressing sustainability
Name of the organization
Primary brands, products, and services
Location of organization’s headquarters
Number of countries where the organization operates, and names of countries with significant operations or that are specifically relevant to the sustainability topics covered in the report
Nature of ownership and legal form
Scale of the reporting organization
Total workforce by employment type, employment contract, and region, broken down by gender
Percentage of total employees covered by collective bargaining agreements
Description of the organization’s supply chain
Significant changes during the reporting period regarding organization's size, structure, ownership, or supply chain
Whether and how the precautionary approach or principle is addressed by the organization
Externally developed economic, environmental, and social charters, principles, or other initiatives to which the organization subscribes or endorses
Memberships in associations and/or national/international advocacy organizations
Entities included in the organization consolidated financial and nonfinancial reports
Process for defining report content
Material aspects identified in the process for defining report content
For each material aspect, the aspect boundary within the organization
For each material aspect, the aspect boundary outside the organization
Explanation of the effect of and reasons for any restatements of information provided in earlier reports
Significant changes from previous reporting periods in the scope and aspect boundaries
List of stakeholder groups engaged by the organization
The basis for identification and selection of stakeholders with whom to engage
The organization’s approach to stakeholder engagement, including frequency of engagement by type and by stakeholder group, and an indication of whether any of the engagement was undertaken specifically as part of the report preparation process
Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns, including through its reporting. Report the stakeholder groups that raised each of the key topics and concerns
Date of most recent previous report
Contact point for questions regarding the report or its contents
‘In accordance’ option and GRI Content Index
Policy and current practice with regard to seeking external assurance for the report
Governance structure of organization, including committees of the highest governance body
The organization’s values, principles, standards, and norms of behavior such as codes of conduct and codes of ethics
Disclosure on Management Approach for Aspect
Coverage of the organization’s defined benefit plan obligations.
Financial assistance received from government.
Significant indirect economic impacts, including the extent of impacts.
Total number and rates of new employee hires and employee turnover by age group, gender and region.
Average hours of training per year per employee, by gender and by employee category.
Percentage of employees receiving regular performance and career development reviews, by gender and by employee category.