In July 2024, the EU Corporate Sustainability Due Diligence Directive – the CSDDD – came into force and the countdown to compliance for in-scope companies began. For the many companies affected which were already in scope of the EU Corporate Sustainability Reporting Directive, the CSRD, in effect since January 2023, the logistical and financial burden…
Tag Archives: human rights
Human Rights Impact Assessments (HRIAs) are an essential tool for companies to identify and address the impacts linked to a specific high-risk project, operation, product or raw material.In line with international best practice and our well-established assessment methodology, GoodCorporation’s HRIAs rely extensively on stakeholder engagement. The perceptions of rights-holders and potentially affected stakeholders are gathered…
The United Nations Forum on Business and Human Rights provides a unique multi-stakeholder platform for discussing the progress being made to address and prevent the adverse impacts business activities can have on human rights. Representatives from business, NGOs, UN member states, indigenous peoples and academia participated in the event, with almost 3,000 in Geneva, and…
Large, complex supply chains are fraught with risk for many businesses, not least in the area of human rights, where companies have a web of challenging issues to navigate, from potential environmental degradation and community impacts to worker exploitation and poor working conditions. With the publication of the United Nations Guiding Principles (UNGPs) in 2011,…
Now that the EU Corporate Sustainability Due Diligence Directive (CSDDD) is in force, it’s time to take a closer look at the obligations it imposes, in particular what is meant by the corporate due diligence duty. Under the new directive, in-scope companies now have an obligation to identify and address both actual and potential adverse…
Having finally cleared a number of last-minute hurdles, the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) will come into force from 2027. It will bring into play significant new demands around environmental and human rights due diligence, forcing those companies in scope to ensure that robust processes are in place to meet the directive’s obligations. …
International Finance Institutions (IFIs) play a pivotal role in driving economic growth, promoting sustainability and alleviating poverty across the globe. For example, the European Bank for Reconstruction and Development’s (EBRD) Green Cities Initiative aims to address environmental challenges faced by cities in EBRD’s regions of operation. To ensure such funds are allocated efficiently, ethically and…
Businesses are under increasing pressure to show they have identified and addressed any negative impacts resulting from their business activities on the human rights of their various stakeholders. This applies not just to their own operations, but throughout their subsidiaries and value chains. This focus on human rights impacts has been rising up the agenda…
In the week after the European Council finally agreed to progress the Corporate Sustainability Due Diligence Directive (CS3D), GoodCorporation was delighted to welcome business leaders and human right practitioners to the House of Lords to debate a Private Members’ Bill introducing mandatory human rights and environmental due diligence to the UK. Baroness Young, who proposed…
Women account for almost 50% of the global workforce (47.7%), yet less than one third (27.1%) occupy managerial or leadership roles, while 48% occupy entry level positions and 23% work part-time compared to almost 30% of men. It is also well documented that, on average, women experience the adverse impacts of business activities disproportionately, are…
