Check out our new blog series on Rights as Usual: "Colonization in, of and through business and human rights"
Check out our new blog series on Rights as Usual: "Colonization in, of and through business and human rights"
Important blog on the BHR treaty and the future corporate sustainability due diligence directive.
#BHR #BHRE #bizhumanrights #CSDDD #EULaw #EU #UN #duediligence #HRDD #mHRDD #UnitedNations @pil
The result? Bifurcated supply chains, with ethical producers more likely to be shipping to the west & those with major sustainability concerns, like #RGE, exporting to #China (or #India).
There’s a risk that this #bifurcation of supply chains gets worse. #Europe new deforestation regulation, and coming #HRDD rules, will only increase traceability pressure on tropical supply chains. The US has been cracking down on goods made using #forcedlabor, with blocks up 38000% in five years.
Super happy to share our new short article "Private equity: when big profits come at a heavy price for human rights" published today in The Conversation.
#humanrights #bhr #bhre #bizhumanrights #PrivateEquity #finance #HRDD #mHRDD
Check out our new #openaccess paper on "Business strategy as human rights risk: the case of private equity".
With the fab @DavidBirchall we argue that the PE model contains serious risks to rights of workers and others, and that the model should be addressed specifically in emerging mHRDD laws.
#bizhumanrights #bhre #bhr #hrdd #mHRDD
https://link.springer.com/article/10.1007/s12142-023-00680-w?s=09
In this article, we apply the UN Guiding Principles on Business and Human Rights to the private equity (PE) business model. PE firms often adopt a controversial, ‘value extractive’, business model based on high debt and extreme cost-cutting to generate investor returns. PE firms own large numbers of companies, including in many rights-related sectors. The model is linked to increased human rights risks to workers, housing tenants, and in privatized health and social care. We map these risks and analyse the human rights responsibilities of PE firms. Our analysis has major implications for understandings of human rights responsibility. We argue that value extractive methods are the root cause of eventual harm to human rights, even though they may not harm rights directly. To respect human rights, PE firms must mitigate the risks of these value extractive methods. We define how human rights due diligence (HRDD) could achieve this and argue that given the extent of harm and the lack of a business case for adopting such a view of human rights responsibility, business strategy level HRDD should be a core component of forthcoming HRDD laws.
"Earthquakes didn't kill thousands of people, buildings did".
Please read @betulkaragedik 's blog : Examining the #Earthquakes in #Turkey from the Perspective of Business and Human Rights. #bizhumanrights #BHR #BHRE #mHRDD #HRDD
Human rights due diligence (HRDD) is spreading fast as national laws mandating it multiply across the world. It appears that the due diligence process is about to shape the way we regulate the envi...
This publication aims to shed light on how businesses across a range of sectors are already conducting human rights due diligence (HRDD) processes in the downstream part of the value chain, with case studies from six companies illustrating their approaches to HRDD across their full value chains.
Come learn #BizHumanRights with me in Mantua, Italy! I'll teach on mandatory #HRDD & help assess the EU's new CSDDD (which will hopefully have been revised for the better by June, but which I fear may be revised for the worse...). You'll also learn from @NadiaBernaz @ChiaraMacchi Claire Bright, Anita Ramasastry, Humberto Cantú Rivera, Jernej Letnar Černič, Andrea Shemberg & more!
How to Apply Applications for the 6th 2023 edition are open The sessions are spread over five days, from Tuesday 13th June (from 9:00) to Saturday 17th June 2023 (to 13:00) Two enrolling options: in-presence or online – Fees and deadline are as follows: Early-bird (deadline: 1 March) Full (deadline: 1 April) Regular 720 800 Students 640