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Open for Sign-on: Statement on the Investor Case for Mandatory Human Rights Due Diligence
Author: Investor Alliance for Human Rights, Published on: 26 November 2019
25 November 2019
The Investor Alliance for Human Rights invites all institutional investors to sign on to a statement entitled The Investor Case for Mandatory Human Rights Due Diligence. The statement calls on all governments to develop, implement, and enforce mandatory human rights due diligence (mHRDD) requirements for all companies headquartered or operating within their own jurisdictions or, where appropriate, to further strengthen these regulatory regimes where they already exist.
This statement follows the previous Investor Alliance statement entitled Making Finance Work for People and Planet, which calls on governments to require investors to consider human rights throughout the investment lifecycle. For investors to succeed in these efforts, it is critical that companies conduct HRDD as set out in the UN Guiding Principles on Business and Human Rights and the OECD Due Diligence Guidelines for Multinational Enterprises.
All institutional investors are welcome to sign on to The Investor Case for Mandatory Human Rights Due Diligence on an ongoing basis by completing this form.