All Human rights articles – Page 9
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Webinar
Managing ESG risks in the supply chains of private companies and assets
This webinar provides an overview of PRI’s guidance on Managing ESG risk in the supply chains of private companies and assets; as well as a discussion on engaging with portfolio companies to understand and mitigate ESG risks in the supply chain.
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Discussion paper
Human rights in private equity
It is increasingly expected that human rights due diligence (HRDD) is undertaken by businesses, as per the UN Guiding Principles on Business and Human Rights (UNGPs), OECD Guidelines for multinational enterprises, emerging laws such as the UK Modern Slavery Act and the French duty of vigilance law, and other proposed ...
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News and press
New briefing highlights red flags, recommendations for ensuring responsible working practices in apparel companies
To help investors combat poor working practices in their investee companies’ apparel supply chains, the PRI has released An investor briefing on the apparel industry: moving the needle on responsible labour practices.
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Engagement guide
The apparel industry in the spotlight
The apparel industry is a complex sector. Valued at US$3 trillion, the global market accounts for 2% of the world’s GDP.
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Podcast
Why migration is a material issue for investors
Sudip Hazra (Kepler-Cheuvreux) joins the PRI’s Bettina Reinboth to explore the issue of migration and why it is a material issue for investors. They explore the link to a number of other ESG issues, including labour skills, human rights and climate change.
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News and press
International Labour Day: shining the spotlight on working conditions
Forced labout: The US$150 billion industry Although slavery was legally abolished by most countries 150 years ago, millions of men, women and children are still enslaved; according to the International Labour Organization (ILO), 21 million people are in forced labour. Other sources put this figure at nearly 46 million and ...
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Blog post
Values to valuation
There has been growing interest from signatories in addressing human rights, inequality and labour standards.
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Podcast
Shipbreaking practices
Shipbreaking is one of the world’s most dangerous occupations, with severe impacts on human rights and the environment. Annie Bersagel (KLP) joins the PRI’s Valeria Piani to explain why this is important to investors and encourages them to join their current engagement on responsible ship recycling.
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Engagement guide
From poor working conditions to forced labour - what's hidden in your portfolio?
Recent legislation such as the UK Modern Slavery Act, along with prominent examples of labour breaches in agricultural supply chains - which include child labour in the cocoa industry or forced labour in the seafood industry – are exposing food and beverage companies to heightened operational, regulatory and reputational risks.
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Engagement guide
Why engage on agricultural supply chain labour practices?
Improving supply chain labour standards can help mitigate operational, legal/regulatory and reputational risks, as well as present opportunities to benefit from innovative suppliers, access to more markets and contracts, loyal customers, productive/committed employees and secure supplier relationships.
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Engagement guide
How to engage with agricultural supply chain companies
The following engagement recommendations are based on findings from the engagement, as well as findings from other stakeholders and sources.
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Engagement guide
Expectation 7 for food and beverage companies: target setting and disclosure
In each of the above areas, companies should report regularly and publicly on policies and processes as well as on performance against measureable and time-bound targets. We encourage a combination of quantitative reporting, such as the G4 Sustainability Reporting Guidelines, and qualitative reporting, such as the UN Guiding Principles Reporting ...
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Engagement guide
Expectation 6 for food and beverage companies: monitoring and corrective action
Companies should regularly assess the labour performance of at least new and existing direct suppliers, and ensure that their direct suppliers assess and monitor their sub-suppliers. Companies should report on the results of these assessments. They should request corrective action plans from non-conforming direct suppliers and sub-suppliers, and, as a ...
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Engagement guide
Expectation 5 for food and beverage companies: collaboration on systemic issues
To address systemic issues, companies should collaborate with external stakeholders such as trade unions, civil society organisations, human rights experts, governments, and sector peers.
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Engagement guide
Expectation 4 for food and beverage companies: sourcing and supplier relationships
Companies should evaluate suppliers for labour performance, including on minimum labour compliance criteria and on suppliers’ capacity to manage compliance of their own suppliers.
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Engagement guide
Expectation 3 for food and beverage companies: traceability and risk assessment
Companies should map their supply chains, by geography and by product, and assess labourrelated risks in the supply chain, by geography and by product.
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Engagement guide
Expectation 2 for food and beverage companies: governance
Companies should ensure oversight at board level, and that board members are regularly trained. They should establish processes that enable them to identify and respond appropriately to legislation and ensure relevant departments (e.g. human resource and labour/ environmental compliance, senior management, procurement or sourcing, communications and/ or marketing, production) are ...
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Engagement guide
Expectation 1 for food and beverage companies: supplier code of conduct
Companies should have a publicly available supplier code of conduct that reflects international standards such as the ILO core labour standards (covering child labour, forced labour, trade union rights and equal opportunities), covers health and safety and working conditions, and contains at least a longer term target for a living ...
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Podcast
The UK Modern Slavery Act
Phil Bloomer, Executive Director of the Business and Human Rights Resource Centre, joins the PRI’s Felicitas Weber to discuss the the UK Modern Slavery Act 2015 and it’s implications for companies and investors.