Investors and companies across Europe and the US are asking EU policymakers to strengthen human rights protections in the region’s upcoming Sustainable Corporate Governance Directive.
Aviva Investors, P+, Trillium Asset Management, ACTIAM and Storebrand Asset Management, Unilever, Tony’s Chocoloney and Hewlett Packard Enterprise are among 43 institutions to have signed a letter calling for “a strong and ambitious law, rooted in mandatory safe and meaningful engagement” with individuals and groups affected by business activities.
“[This] would make a tangible contribution to improving human rights and environmental conditions along global value chains. It would also help our companies become resilient and future oriented,” said the letter, coordinated by the Investor Alliance for Human Rights and the Business & Human Rights Resource Centre. The latter told RI it would raise the statement with policymakers this week.
“The hope is that th…