A new study conducted by non-financial rating agency Vigeo Eiris, which looks at corporate conduct in terms of the respect of fundamental human rights, reveals that few companies make a tangible commitment to all the areas associated with human rights for which they are responsible. Those that do make a clear commitment are mostly European and account for less than 4% of the 3000 companies from 35 countries assessed by the agency. However, this minority of leaders show that it is possible to incorporate a proactive and concrete policy that fosters respect of human rights.
Fouad Benseddik, Director of Methods and Institutional Relations at Vigeo Eiris, says: “Fundamental human rights remain corporate responsibility’s Achilles’ heel”, but adds that the issue is still “crucial for the future of globalisation and for companies’ capacity to create sustainable wealth”. The rating agency detailed the findings of its study in a press release published on 21 February. It finds that, of all environmental, social and governance criteria, the theme of human rights is...
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