It is becoming untenable to operate without regard for the direct and indirect impacts that business activities can have on people and communities. Companies that want to maintain trust and their social license to operate, need to engage with their stakeholders in a meaningful way. The process of embedding human rights into business practice is not about 'naming and shaming'. Rather, it is about encouraging businesses to embrace a holistic view of value creation that takes into account the respect and dignity of all stakeholders.
What do we mean by human rights? Simply put, human rights are the recognition in the inherent value of each person as a human, irrespective of their background or personal characteristics. It is based in principles of dignity, equality, fair treatment and mutual respect and the ability to make genuine choices in our daily lives.
Understanding the human rights impacts of your organisation can help you to:
So how do businesses ensure that they are doing right by their stakeholders?
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