Resource Centre digital platform (BHRRC)
The resource Centre digital platform by Business & Human Rights Resource Centre (BHRRC) monitors companies on news and allegations of human rights issues. It helps finance professionals assess corporate performance on human rights, providing insights into risks and compliance. The platform offers up-to-date data on human rights practices across various industries.
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OVERVIEW
The Business & Human Rights Resource Centre (BHRRC) developed this digital resource platform that assesses companies based on news and allegations of human rights issues. This database is designed to help various stakeholders, including finance professionals, investors, researchers, and human rights advocates, to monitor and evaluate corporate performance regarding human rights practices.
BHRRC is an independent non-profit organisation that aims to advance human rights in business. It collects, analyses, and shares information on companies’ human rights impacts globally. This database is part of their broader mission to increase transparency and accountability in business practices.
The primary audience for this database includes finance professionals, investors, researchers, NGOs, and policymakers. For finance professionals and investors, this database is particularly valuable as it provides critical insights into companies’ human rights records, which can influence investment decisions, risk assessments, and corporate engagement strategies.
The platform offers comprehensive data on various companies, detailing news and allegations related to human rights issues. Users can search for specific companies or browse by industry and region to understand how different businesses are performing concerning human rights. The database aggregates reports from credible sources, ensuring the information is reliable and up-to-date.
For finance professionals, this database offers several key benefits:
- Risk assessment: The platform helps identify companies with poor human rights records, which may pose financial risks due to potential legal liabilities, reputational damage, or operational disruptions.
- Investment decisions: By providing detailed information on human rights allegations and company responses, the database supports responsible investment practices, enabling professionals to make informed decisions that align with ethical standards and sustainability goals.
- Corporate engagement: The platform can be used to inform engagement strategies with companies. Finance professionals can use the data to discuss human rights issues with corporate leaders, encouraging better practices and policies.
- Compliance and reporting: The database aids in meeting regulatory requirements related to human rights due diligence and reporting. It offers a credible source of information for compiling reports and demonstrating compliance with international standards and frameworks.
- Benchmarking and comparisons: Users can compare the human rights performance of different companies within the same industry or across regions. This benchmarking capability helps finance professionals identify leaders and laggards in human rights practices.