Investor Statement and Asks on the CHRB Engagement
Under the UN Guiding Principles on Business and Human Rights, all companies are expected to conduct effective human rights due diligence to ensure that they are not causing, contributing, or directly linked to human rights abuses. Through their leverage as shareholders, investors can engage with their portfolio companies to ensure they take steps to mitigate, prevent, or cease harms to which they are connected.
Investor Expectations
As set out in the CHRB investor statement, 267 institutional investors urge companies to:
Identify and assess adverse human rights risks in company operations and throughout business relationships, including throughout the value chain;
Prioritize salient human rights issues in company processes, meaning the most severe impacts on people connected to the company's business;
Prevent, mitigate, and remediate adverse impacts in relation to the company's salient human rights issues and account for how these actions apply across the value chain;
Track the actions taken, how these actions are evaluated and revised for effectiveness, and the effectiveness of your approaches in addressing those adverse impacts; and
Report salient human rights impacts, including impacts in the value chain.
Find details on the key human rights expectations for companies here