Speakers at the Exec RT shared insights on addressing labor & human rights in their supply chains

Exec RT Human Rights Event Invite

Background

The UN guiding principles on business and human rights, the UK Modern Slavery Act, European and other national regulation, as well as many financial institutions, are demanding that companies meet higher social standards to reduce risks and improve their business performance, very much by what has become the norm with environmental necessities. Often, for large companies, their responsibility is expected to go well beyond their operations to include their suppliers. Sponsored by Fresnillo, the World Environment Center & Sostenibilidad Global convened an Executive Roundtable to learn from companies in various industries about their experience with managing human rights, including labor rights, throughout their value chains and to understand how to implement best practices. The Roundtable brought together 41 senior sustainability, procurement, and compliance executives from nine countries, including 55% from international companies 35% from academia/NGO/associations, and 10% service providers.

Further resources: (a) Human Rights Due Diligence in High Risk Circumstances: Practical Strategies for Businesses (2015); (b)https://sdg.humanrights.dk/

Note:  WEC Executive Roundtables are conducted under the Chatham House Rule.