Human rights & Anti-corruption
Respecting human rights is fundamental to deliver sustainable business value. Businesses are expected to respect and promote human rights by conducting due diligence to identify, prevent, and mitigate risks of adverse impacts throughout their value chain.
As stakeholder expectations increase, and with the rise of national legislation in many regions mandating human rights due diligence, businesses are under growing pressure to demonstrate their commitment. Corporate respect for human rights is a critical criterion for green investments, including compliance with the EU Taxonomy’s Minimum Safeguards, and is a key focus of forthcoming European legislation.
To achieve successful human rights initiatives, it is crucial to integrate human rights considerations into existing business functions and to secure strong support from the board and management team. This leadership is essential for setting a tone of ethical and sustainable practices throughout the organization.
We recognize the well-documented link between high corruption levels and weak human rights protections. Business efforts to reduce and mitigate the risk for corruption throughout the value chain is therefore essential for both long-term business success and to foster positive progress in the area of human rights on society at large.