June 2010, International Business Leaders Forum (IBLF), International Finance Corporation (IFC), UN Global Compact
IFC's new guide on human rights will help companies achieve international human rights and labor standards, guard against reputational risk, and improve their bottom line.
The Guide to Human Rights Impact Assessment and Management (HRIAM) was launched during the U.N. Global Compact Leaders Summit, which was chaired by Secretary-General Ban Ki-moon and attended by over 1,300 global CEOs in June 2010.
The guide covers the rights named in the International Bill of Human Rights, including health, safety in the workplace, and education. It provides advice to companies on how to:
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identify and assess the human rights risks and impacts of their business activities
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integrate the results of this assessment into their management systems
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ultimately improve their performance to anticipate and preemptively address human rights challenges.
Specific scenarios, tools, and interactive exercises provide further concrete guidance to businesses throughout the HRIAM process.
IFC has been a pioneer among international financial institutions in developing tools that enable companies to better understand their responsibilities in promoting human rights and articulate their business performance in human rights terms.
To access the online Guide to HRIAM, please click here.
