- Human Rights Due Diligent
Human Rights Due Diligent
A business’s development and increasingly complex environment affect decisions about using resources, time, and people in a company. Risk assessment and due diligence have always been part of the company’s practice to ensure the business’s quality, profitability, and reputation.
Respect for human rights is new to companies’ due diligence policies and practices in their operations and supply chains. The United Nations Guiding Principles push this into Business and Human Rights and new laws on modern slavery.
- This issue concerns how businesses impact the human rights of those working in global supply chains. The context refers to workers’ human rights or workers’ rights.
Effective corporate human rights due diligence are not just a legal requirement. It will also have a positive impact on the business. With it, they have a safer supply of goods and services because they face less labor unrest, staff turnover, recruitment, and training costs.
Meanwhile, the government is vital in creating certainty in labor regulations that respect the enforcement of workers’ human rights.
Civil society, consumers, and trade unions call on companies and governments to prevent, manage, and reduce labor rights abuses. By prioritizing social dialogue, the enforcement of workers’ rights can be realized.