This thematic engagement aims to improve the adoption of globally agreed corporate standards for managing and promoting human rights, as defined by the UN Guiding Principles on Business and Human Rights (UNGPs) and mirrored in the OECD Guidelines for Multinational Enterprises.
Through this engagement, investors can encourage companies to meet the UNGPs’ three fundamental expectations:
- A commitment to respect human rights
- The adoption of a human rights due diligence process, and
- The implementation of an operational-level grievance mechanism.