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Increased regulatory pressures demand a robust company approach to disclose risks, respond and report. Identifying a strategic approach to manage and comply with human rights obligations and risks is complex.
Policies today do not adequately cover emerging social issues. However, companies are increasingly held accountable for their entire value chain. Legislation is especially getting more leverage and attention. Companies increasingly required to comply and prove it.
How can companies ensure that company strategies and polices sufficiently cover emerging social issues on migrant labour, child labour fair wages, equality and discrimination, for example? Getting a total overview of human rights guidelines and references is essential to gain a deeper understanding of internal and supply chain issues. Based on this, you can identify the critical instruments to manage the issues and respond to legislator, investor and other stakeholder demands.