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?”
How can companies ensure meaningful engagement with their stakeholders? Listen to Danny Miles, Head of Collective Action at the Ethical Trading Initiative, and Dr Wilson Odiyo, Corporate Affairs Director for Eastern Produce Regional Services (EPRS)
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What can businesses do to eliminate modern slavery? Listen to Johannes Dumay, Professor in Accounting at Macquarie University
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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.
