2016 Pilot Benchmark

Corporate Human Rights Benchmark Pilot Methodology 2016

 

Double page version

 

 

The Benchmark will provide a comparative snapshot year-on-year of human rights performance of the largest companies on the planet. 

There are several prevailing features to the CHRB Methodology. For its assessments the Benchmark relies on public information disclosed by companies on their websites or other platforms or through the CHRB Disclosure Platform (also launched on 21 March 2016). 

In addition to this emphasis on transparency, the Benchmark includes a focus on companies’ policies, processes, practices and responses, grounded in international and industry-specific standards on responsible business conduct.

Comparability is another key feature, to be able to discern the best performers and those requiring improvement and intervention. This comparability is enabled by the application of key industry risks, in order to drill into the specific challenges faced by each industry and identify the best approaches to managing them.

Measurement Themes and Weights 

Objectives & Expected impacts

Snapshot of an indicator

Supporting statements

“In 2011 OECD included the corporate responsibility to respect human rights in the OECD Guidelines for Multinationals. OECD and the 44 National Contact Points (NCP) worldwide have been working hard to promote corporate human rights due diligence and have been helping to resolve complaints against companies in this area. The recurring theme has been: what does due diligence mean, in particular in the supply chain and how should my company implement it?

I see the Corporate Human Rights Benchmark (CHRB) as a great tool for learning and continuous improvement on exactly that question. The CHRB's focus on human rights related policies and governance, systems and processes, practices and responses should produce a wealth of comparative information within and across industries about the state of due diligence and progress in implementation globally. That will be a valuable tool for OECD, NCPs and many others seeking to drive improvements in corporate human rights performance.”

Prof. Dr. Roel Nieuwenkamp - Chair of the OECD Working Party on Responsible Business Conduct

"The Corporate Human Rights Benchmark (CHRB) represents a novel approach to building corporate accountability for human rights. Through public benchmarking and ranking of companies on human rights policies and practices, the CHRB can propel and embed human rights from the boardroom to the base of a supply chain." 

Amol Mehra - Director, International Corporate Accountability Roundtable (ICAR)

“The Corporate Human Rights Benchmark is at the forefront of encouraging our largest companies to demonstrate the leadership in human rights that the global market needs. CEO’s have been clear that a human rights benchmark is one of the most powerful tools to change corporate policy and practice by using market mechanisms to generate ‘a race to the top’. The rigorous methodology, and its wide consultation with companies, civil society and governments, adds to the credibility and power of the Benchmark.”

Richard Howitt - MEP, European Parliament Spokesperson on Corporate Social Responsibility