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?”
Listen to Olena Uvarova, Associate Professor at Yaroslav Mudryi National Law University and Anita Ramasastry, Professor at the University of Washington School of Law and former member of the UN Working Group on Business and Human Rights.
Listen to Wim Bartels, member of EFRAG’s Sustainability Reporting Board.