‘Business Starts To Take Human Rights Seriously As Laws And Benchmarks Start To Bite’, by Mike Scott, Forbes

Article description:

This article centres around a report from the Corporate Human Rights Benchmark (CHRB) , a non-profit company, that have ranked corporate performance on human rights. Steve Waygood, chair of the CHRB Board and chief responsible investment officer at Aviva Investors, says that issues such as modern slavery are correlated with financial performance and that companies that don’t engage in solving this issue ‘may risk restricted access to capital due to repetitional damage and regulatory backlash’.

Overall, however the report notes increased human rights reporting and commitment to transparency by companies and a “race to the top” culture on the issue of human rights.

Read the article here: https://www.forbes.com/sites/mikescott/2018/05/21/business-starts-to-take-human-rights-seriously-as-laws-and-benchmarks-start-to-bite/#8ce84907f5db