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Article

13 Mar 2017

Author:
Interfaith Center on Corporate Responsibility (ICCR)

Launch of Corporate Human Rights Benchmark is welcomed by investment community as a valuable engagement tool

 Members of the Interfaith Center on Corporate Responsibility engaging companies on their human rights impacts welcome today’s launch of a new tool they are hoping will help foster a race to the top in corporate human rights performance.  The Corporate Human Rights Benchmark, the first ever benchmarking of companies on human rights indicators, analyzes an initial 98 companies in the high risk agriculture, apparel and extractives sectors and ranks them across 100 performance indicators and six measurement themes…The CHRB is supported by 85 institutional investors representing $5.3 trillion in assets under management…. « The detailed scoring from the CHRB on each indicator will enable us as shareholder advocates to analyze and compare company information and identify exactly where challenges lie in respect and protection of human rights and where additional investor engagement is needed »…said Mary Beth Gallagher, Executive Director, Tri-State Coalition for Responsible Investment.. Investors are encouraged to use the CHRB report in engagements with corporations on human rights risks. The list of companies assessed will grow year-on-year to ultimately cover the world’s 500 listed enterprises. 

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