Human rights due diligence: What is it and why is it important?
When a company says it cares about human rights, how do you ensure that matches what’s happening on the ground? Due diligence.
Due diligence has origins in the financial world. It means taking a close look at the details when entering into a deal. In the world of corporate social responsibility, it means confirming the reality of what’s on paper with systems to identify human rights risks and taking proper action to remedy them.
Åsne Burgess Øyehaug, CSR manager in Hydro, and Kayla Winarsky Green of the Danish Institute for Human Rights discuss “due diligence” in human rights, an increasing focus among companies, NGOs and the authorities.
The Danish Institute for Human Rights (DIHR) is Denmark’s national human rights institution.
Their mandate is to promote and protect human rights and equal treatment in Denmark and abroad.
DIHR cooperates with state actors, including national human rights institutions as well as and business, financial and civil society actors, to enhance business respect for human rights, including through the development of smart policy and regulatory frameworks.
You can hear more in the Hydro Talks podcast, “Human rights due diligence” and view other topics on the Hydro Talks page, where you will find links to Spotify and Apple
The podcast Hydro Talks sets out to explore the modern dilemmas for industry and society. How can we create a more viable society? How can we produce better while consuming less? What should investors expect? What kind of technology and innovation can we implement to work smarter? In Hydro Talks we try to make sense out of these dilemmas. Remember to subscribe!