Unified Metrics Library - Human rights policy
Helper question
Did the company have a human rights policy statement in line with UN Guiding Principles on Business
and Human Rights, during the period?
Summary
The UN Guiding Principles on Business and Human Rights are a set of guidelines for companies to
prevent, address and remedy human rights abuses committed in business operations.
Unit
Boolean: Yes or No
Description
The actions of business enterprises can affect people’s enjoyment of their human rights either positively or negatively. Human rights policies in line with internationally recognised standards provide a ground for companies to define their commitment.
Regulatory Definition
"Human rights policy" means a policy commitment approved at the board level on human rights that the economic activities of the investee company shall be in line with the UN Guiding Principles on Business and Human Rights
Sources
- Commission Delegated Regulation (EU) 2022/1288 of 6 April 2022 supplementing Regulation (EU) 2019/2088 of the European Parliament and of the Council with regard to regulatory technical standards specifying the details of the content and presentation of the information in relation to the principle of do no significant harm . ANNEX I (Table 3, Additional indicators for social and employee, respect for human rights, anti-corruption and anti-bribery matters, Human Rights, Indicator 9)
Examples
The UN Guiding Principles Reporting Framework offers companies a powerful tool to identify their needs to develop a comprehensive human rights policy.