Listen to Théo Jaeckel, Ericsson’s Business and Human Rights Director.
Freedom of speech, right to privacy, state interference and misuse of surveillance equipment are just some of the major human rights impacts a telecom company such as Ericsson has to address. Frankly Speaking has invited Théo Jaekel, Ericsson’s Business and Human Rights Director, to share lessons learnt and his expectations for a new EU law on due diligence that is currently in the making. He claims that every company will become a tech company in the future facing some of these challenges.
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“The majority of companies don't have human rights due diligence processes in place. So there is clearly a need to raise the bar and make sure that there is a level playing field and not just a few companies who choose to act responsibly.”
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.
Investors shouldn't just take companies' word for what they're doing; they should investigate what the companies are actually doing regarding human rights.
Germany's NewClimate Institute has produced the Corporate Climate Responsibility Monitor report, evaluating the transparency and integrity of climate pledges of 51 major companies across different sectors and geographies.
