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Article

27 Feb 2018

Author:
Mairead Keigher, Rzeczpospolita

Human Rights reporting – a must for European business

Following the adoption of the UN Guiding Principles on Business and Human Rights in 2011, a 'perfect storm' of legislation, investor interest and civil society scrutiny has led to increased emphasis on companies' human rights disclosure...

The transposition of the EU non-financial reporting Directive into Polish legislation means that Polish and other European companies now need to address these disclosure gaps. This also presents an opportunity: good disclosure - disclosure aligned with the Guiding Principles - can be a catalyst for improved performance on human rights...

The UNGP Reporting Framework [...] was translated into Polish in 2016 with the support of the Polish Institute for Human Rights and Business and company sponsors, and made available through the website of the Polish Ministry of Economic Development...

The UNGP Reporting Framework is proving to be a lever that powers the shift from reporting for reporting's sake to reporting that drives improved outcomes for people and helps companies future-proof their business... [N]ow is the time for companies - including in Poland - to know and show that they do business with respect for people.

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