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Commentary: CHRB - a significant step for corporate human rights policy, says Ethical Corporation
Author: Liam Dowd, Ethical Corporation (UK), Published on: 15 March 2017
"CHRB - a big step for corporate Human Rights", 15 Mar 2017
[T]he…[launch]…of the Corporate Human Rights Benchmark (CHRB)…marked a significant step as investors, NGOs and other stakeholders can now see which companies perform best within the Extractives, Apparel and Agricultural sector around Human Rights. There's also detailed information on where they need to improve or where there's "blind spots". Mark Wilson, CEO of Aviva, lead the opening keynote speech and described the CHRB as the beginning of something that will bring accountability to companies around the Human Rights. Tables and benchmarks bring an air of competitiveness and there was a sense that over the coming years companies will work to be a top performer in their industry - and thus improve their work around Corporate Human Rights…[This]…was the first iteration of the Benchmark and, whilst only approx 50% of the companies engaged in providing data and information to the Benchmark, a few companies should be lauded for scoring above 50% for their efforts around Human Rights: Extractives: BHP Billiton, Rio Tinto…Apparel: Marks and Spencer, Adidas…Agriculture: Unilever, Nestle (and Marks and Spencer).