All Human rights articles – Page 9
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Engagement guideHow did companies in the human rights and extractives engagement engage stakeholders and tackle grievance mechanisms?
High-level trends Stakeholder engagement Just over half the companies reported on stakeholder engagement in 2015, while as of 2017 almost all of them do. Companies that already reported on this indicator have strengthened their level of disclosure and the overall quality of stakeholder engagement. Companies participating in multi-stakeholder ...
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Engagement guide
How did companies in the human rights and extractives engagement show a commitment to human rights?
High-level trends All 32 companies publicly commit to respecting human rights. However, the level of commitment varies: a third has reached a very sophisticated level of commitment (standalone human rights policy/active participation in multi-stakeholder initiatives, etc.); a third has a clear and well-defined commitment but may not be as ...
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Engagement guide
How did companies in the human rights and extractives engagement monitor business relationships?
High-level trends Business relationships - selection Over half of the companies now report on the criteria used to select business relationships e.g. suppliers and security providers. While all categories have made progress on this indicator, companies in emerging markets have shown most improvement with almost half of them now ...
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Engagement guide
How did companies in the human rights and extractives engagement assess human rights risk?
High-level trends Human rights risk assessment - identifying In 2015, two companies reported on human rights risk identification; this increased to 25 in 2017, making it one of the most improved areas. Almost all target companies have incorporated human rights considerations into their risk management processes and evaluated their ...
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PodcastCobalt in battery technology and responsible sourcing
Olivier Van Hirtum and Jaideep Singh Panwar join the PRI’s Nabylah Abo Dehman to discuss the role of cobalt in battery technology and the human rights risks associated with the sourcing of cobalt. They explore the impact of electric vehicles growth on the demand for cobalt and the key role ...
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Engagement guideHow investors can promote responsible cobalt sourcing practices
Lithium-ion batteries power products at the cutting edge of technology, from smartphones to laptops and electric cars.
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Engagement guideRisks in the upstream cobalt supply chain
ASM: Carried out informally by individuals or communities using manual labour and hand tools. 20% of the cobalt sourced from the DRC is mined this way. Large-scale mining (LSM): Industrial mining that represents 80% of the cobalt sourced from the DRC. LSM and ASM supplies ...
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Engagement guide
How to respond to and remedy human rights violations in the cobalt supply chain
Under relevant international standards (e.g. UN Guiding Principles on Human Rights), companies have the responsibility to mitigate or remediate any negative impact caused – directly or indirectly by their activities. Ceasing relationships with problematic suppliers or ceasing to source from the DRC or from ASM does not constitute a ...
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Engagement guide
Tackling human rights risk in the cobalt supply chain through industry initiatives
Joining and actively participating in industry initiatives allows companies to have a dialogue with peers, benefit from knowledge sharing platforms and combine efforts to tackle common challenges.
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Engagement guide
Human rights risk assessment and due diligence in the cobalt supply chain
The OECD Guidance for Multinational Companies sets out different due diligence requirements that stem from the different responsibilities companies have according to their location in the supply chain.
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Engagement guideHow do companies address human rights risk in the cobalt supply chain?
Consumer electronics Apple has mapped its supply chain down to the mines and formed a coalition of industry players that led to the creation of a risk readiness assessment tool. One hundred percent of smelters in the chain receive third-party audits and Apple works ...
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WebinarPlanting the seeds of change: managing social issues in land investing
The PRI’s webinar Planting the seeds of change: managing social issues in land investing explores why investors should consider land issues and learn about the Reference Guide for Risk Assessment in relation to land.
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PodcastBehind the scenes look at the Modern Slavery Statement
Georgie Erangey, an independent business and human rights consultant joins the PRI’s Naheeda Chowdhury to explore the challenges and opportunities presented by section 54 of the UK Modern Slavery Act and how this ground-breaking disclosure clause will impact organisations beyond their first year statement. Together, they discuss the role that ...
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PodcastInvestors and responsible labour practices in the apparel industry
Måns Carlsson- Sweeny (Ausbil Investment Management) joins the PRI’s Bettina Reinboth to explore how investors can engage with apparel companies to encourage better labour practices in the apparel industry. They discuss PRI’s recent investor briefing on the topic, including various red flags that investors should look out for which may ...
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WebinarManaging 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 paperHuman 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 pressNew 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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PodcastWhy 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 pressInternational 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 ...
