In today’s ever more transparent world, companies are under increasing pressure to show that they respect human rights throughout their operations and value chains. The Italian NGO AVSI Foundation and MAZARS, an international professional services organisation, will present the unique practical tools to help companies meet the regulatory imperative for more and better human rights reporting.
This session will contribute to the ongoing dialogue on sustainability, bridge the gap between the corporate sector and the ongoing challenges within the developing world, and encourage mature dialogue among civil society, NGOs and businesses. A powerful catalyst for change, these innovative tools have the potential to positively impact on the lives of millions of people.
Companies have to demonstrate that they are not harming the fundamental dignity and welfare of people as they go about their legitimate work and generate the jobs, wealth and growth that benefit all societies.
Since 2011, when the UN unanimously endorsed the Guiding Principles on Business and Human Rights, companies have had an authoritative global standard that sets out their responsibilities. Governments, stock exchanges and investors are increasingly requiring companies to report on their performance on human rights related issues. This is taking place around the world, including in the European Union, the United States, India and Brazil.
New approaches are needed for behavioural change – now.
The UN Guiding Principles Reporting Framework, developed by MAZARS and SHIFT, is the first comprehensive guidance for companies to report on human rights issues in line with the United Nations Guiding Principles on Business and Human Rights. The framework is an open, global and consultative process, available for free for everybody at UNGPreporting.org.
The paper, 'Business and Human Rights: a challenge for enterprises', resulting from a collaboration between AVSI and the University of Rome Tor Vergata, analyses over 300 case studies and proposes a due diligence method with a focus on SMEs.