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Article

7 Nov 2014

Author:
Jim Wright, GOXI

Survey analyses FTSE 100 companies human rights reporting & progress made since 2013

"Human Rights and the FTSE 100 in 2014", 5 Nov 2014

Directors of UK Companies are required to include Human Rights issues in their Annual Reports following the release of “Good Business Implementing the UN Guiding Principles on Business and Human Rights” by HM Government in September 2013…This is the second annual review that examines how FTSE 100 companies reported Human Right in their Annual Reports…Despite the Principles the 2014 FTSE 100 survey…found that 8 companies made no mention of Human Right…Most have no Human Rights policy (76) whilst many (59) did include Human Rights in their other policies (such as an Ethical Business Policy)…Whilst most addressed Human Rights in their workforce (63), less than half (44) addressed Human Rights in the supply chain…[T]here has been a significant positive change between 2013 and 2014…[T]he number of companies reporting Human Rights in Annual Reports increased from 45 to 92. Whilst only 6 companies had a Human Right Policy in 2013 this increased to 24 in 2014…[Refers to BHP Billiton, BP, BT, G4S, Randgold, Rio Tinto]