🔍 Are Human Rights policies enough?
Our latest #DenominatorFact reveals that 13% of the world’s largest companies face human rights allegations, despite having a Human Rights policy.
When we zoom in by sector, some patterns stand out:
📡 Telecommunication sees the highest rate, with 21% of companies facing allegations.
🛒 Retail and hospitality are not far behind, with 20% linked to allegations.
🏛️ The public administration emerges as the best performer, with just 4% of companies involved in human rights allegations - telecom has 425% more allegations in comparison.
The regional picture adds another layer:
🌍 In Africa and North America ¼ of their largest firms face human rights allegations.
🇪🇺 Europe follows with 13%, showing more allegations than South America and Asia.
🇦🇺 Oceania stands out as the best performer, with just 6% of companies linked to allegations.
According to Moody’s Ratings, human capital is a crucial factor for long-term business performance and correlatives positively with credit quality.
Understanding the human capital insights within your supply chain and strengthening human rights due diligence and social governance is key to reducing long-term risk.
Do you have the right data to spot human rights risks in your supply chain?
#DenominatorFacts
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