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21 Jun 2017

Author:
Iran Business Responsibility project

New intl. initiative urges companies investing in Iran to go beyond sanctions compliance, manage risk to workers & environment

Companies Investing in Iran Urged to Manage Risks Beyond Sanctions - New Initiative Launched to Foster Responsible Business in Iran, 21 Jun 2017

...[The] Iran Business Responsibility (IBR) project was launched today.  With billions of dollars’ worth of foreign investment under consideration now that international sanctions have been eased, the new non-profit initiative is aimed at encouraging and guiding companies investing in Iran to implement responsible business standards that will avoid harm to people and the environment... 

Andrea Saldarriaga, Co-Director of the project [said] “...[The] challenges [that companies investing in Iran] will face go well beyond sanctions. Sanctions checks alone will not prepare companies for a death rate from workplace injuries in Iran that is eight times the international average, or severe air pollution and water scarcity that threaten health and business operations”...

IBR offers Online Resources that include informational briefings, videos, case studies and business updates, and a Collaborative Engagement programme...

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