There's very little pressure being applied to companies by investors looking at how they're actually behaving and treating human rights as a core business priority. This needs to change.
In this Frankly Speaking episode, we welcome Professor Michael Posner, director of the Centre for Business and Human Rights at NYU Stern School of Business. He also served in the Obama administration as assistant secretary of State. Throughout his career, Mike has played a key role in establishing some of the major global initiatives on responsible business, including the Voluntary Principles on Security and Human Rights, the Fair Labor Association, and the Global Network Initiative, and he continues to be one of the leading voices on business and human rights in the United States.
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“I'm not interested if the only outcome of the European due diligence directive is that companies issue more reports, They have more people working in sustainability offices. They have more task forces. They do more evaluations. I want to know, are the workers in your supply chain being treated differently?”
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The Taskforce on Inequality and Social-related Financial Disclosures (TISFD) wants to do for social issues what the TCFD did for climate a decade ago: harness capital markets to drive corporate action, this time on inequality and people-related risk.
What’s the track record of German companies implementing the LkSG? Listen to Sarah Hechler, previously Social Project Manager at the UN Global Compact Netzwerk Deutschland, and Christopher Bayer, Senior Researcher on the study and Principal Investigator at Development International
Are US companies retreating from or respecting human rights? Listen to Bennett Freeman, former US Deputy Assistant Secretary of State for Democracy, Human Rights and Labor and Chloe Cole, Senior Researcher in US Business and Human Rights at the Business and Human Rights Centre
