Investors with over US$4.5 trillion in assets criticize weak human rights performance of leading companies
23 March 2020
A group of 176 international investors representing over $4.5 trillion in assets under management have joined forces to call out the human rights performance of some of the world’s most well-known companies. The 95 worst performing companies on human rights due diligence in the latest Corporate Human Rights Benchmark (CHRB) [...] have been urged to take decisive action before June 2020 when the next assessment begins.
The letter, coordinated by the Investor Alliance for Human Rights, targets every company that scored 0 on human rights due diligence in its 2019 ranking...
The investor letter brings together a coalition of asset managers, public pension funds, and faith-based investors from 15 countries across 3 regions. It demonstrates that socially responsible investors around the globe are increasingly coalescing around the need to ensure that companies integrate respect for human rights at the heart of their business.