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Article

29 Aug 2019

Author:
Hydro Review

Vattenfall launches human rights policy covering all operations

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The human rights policy is comprised of three main sections: our commitment; identifying our human rights risks and impacts; and managing our human rights risks and impacts.

The policy covers all of Vattenfall’s operations, including all stakeholders, from the local communities from which Vattenfall sources to employees and the local communities in which the company operates...

The sections on identifying and managing the human rights risks and impacts describe the most prominent risks and impacts throughout the value chain – upstream in the supply chain, in Vattenfall’s own operations, and downstream in the local communities in which the company operates.

The policy also contains descriptions of concrete actions being taken to improve the ability to assess and manage these risks.

Supporting the policy is the “11 Steps to 2022” document, an action plan that describes 11 key steps the organization needs to take over the coming three years to improve its human rights performance. Vattenfall says it has been anchored throughout the company, with the various business areas identifying the specific actions they will take. The action plan follows the three building blocks of the UN Guiding Principles on Business and Human Rights: Policy and Embedding, Due Diligence, and Grievance and Remediation...