New research shows that a significant number of businesses neglect potential human rights risks
Significant number of businesses neglect potential human rights risks
- Global study reveals that almost half of surveyed businesses have never undertaken a human rights due diligence exercise
- Human rights impacts may go undetected through lack of adequate review mechanisms
- Consequences of inadequate attention can include reputational damage, fines and legal claims
A global study has found that almost half of the surveyed companies have never undertaken a dedicated human rights due diligence process or a human rights impact assessment.
The results of the study by the British Institute of International & Comparative Law (BIICL) and the global law firm Norton Rose Fulbright were published on 17th October 2016.