In recent years, there's been a shift towards mandatory human rights due diligence laws and other regulatory efforts to ensure businesses respect human rights. This includes things like corporate sustainability reporting and sustainable finance. With these new laws, businesses and other stakeholders are increasingly relying on various tools and methods to identify impacts and monitor human rights in their value chains.
This resource dives into different methodologies like benchmarking, social audits, certification schemes, multistakeholder initiatives (MSIs), human rights impact assessments, management tools, reporting and ratings, worker-driven approaches, and tech-based solutions.
It's important to look at these methodologies with a critical and informed perspective to make sure they're used appropriately and reflect their benefits and limitations. Whether they're part of a company's human rights due diligence processes or used to monitor businesses externally or assess the effectiveness of laws regulating business behavior, this resource aims to help businesses, civil society, National Human Rights Institutions, and other actors understand the pros and cons of each methodology.
You can take a peek into the resource in the feature below, but we recommend you to open the resource up in a new window by clicking here.
