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Article

7 Feb 2016

Author:
Sudeep Chakravarti, Mint

India: CIL, ONGC & HUL on Corporate Human Rights Benchmark list

Corporate Human Rights Benchmark, or CHRB’s...[is]...a collective of several organizations from the investment and human rights spaces, hopes to issue a pilot profile of 100 companies using its initial benchmark...Three Indian companies, Coal India Ltd (CIL), Oil and Natural Gas Corp. Ltd (ONGC) and Hindustan Unilever Ltd (HUL) are part of the list of 108...CHRB is a collaborative effort of the Institute for Human Rights and Business and the Business and Human Rights Resource Centre, both based in the UK, along with Calvert Investments Inc. and Aviva Investors which provide core private sector input. Other partners are VBDO...and EIRIS, organizations that offer advisory for responsible investment. Those in...list will be gauged...on various parameters. Leadership, governance and reporting are each being given 10% weight; management systems 30%; and performance 40%. [Also mentions The Coca-Cola Co., PepsiCo., Nestlé SA, General Mills, Wal-Mart Stores Inc., Costco Wholesale Corp., Marks & Spencer Group, Cheil Industries, LVMH Moet Hennessy Louis Vuitton, Macy’s, Nordstrom, Gap, Anglo American, BHP Billiton, BP, Chevron Corp., China Petroleum & Chemical Corp., Exxon Mobil, Gazprom, Rio Tinto and Royal Dutch Shell.]