Tag: World Benchmark Alliance’s Corporate Human Rights Benchmark
Despite engagement by 176 investors, most laggards’ human rights scores remained the same, finds World Benchmark Alliance’s Corporate Human Rights Ben… Despite engagement by 176 investors, most laggards’ human rights scores remained the same, finds World Benchmark Al… Despite engagement by 176 investors, most laggards’ human rights scores remained the same, finds World Benchmark Alliance’s Corporate Human Rights Benchmark
Nov 16th, 2020
Starbucks and Phillips 66 are among a long list of companies to be called out over progress on human rights by an investor-backed group dedicated to the SDGs.
The latest iteration of the World Benchmark Alliance’s Corporate Human Rights Benchmark - the first since the World Benchmark Alliance acquired the Corporate Human Rights Benchmark last year on the back of funding troubles - finds that, of the 230 firms assessed, nearly half failed to demonstrate alignment with the UN Guiding Principles on Business and Human Rights when it came to their due diligence.
The WBA was launched in 2018 by founding members Aviva, the United Nations Foundation and Index Initiative, and tasked with developing a series of SDG-related corporate benchmarks. The latest research has been done in partnership with the EIRIS Foundation and ESG data and analytics house RepRisk.
Alongside Starbucks and Phillips 66 are 22 other big names - including Ross Stores, owner…