The news the EU Justice Commission would soon mandate Human Rights due diligence puts enforcement mechanisms and civil liabilities front and center. The UN Guiding Principles on Business and Human Rights would already have businesses identify the scale, scope, remendability and likelihood of their impacts, take steps to prevent and mitigate them and track the effectiveness of such measures.
So what will it take for companies to develop, implement, monitor and communicate effective Human Rights risk remediation? How do they cover not only their activities and subsidiaries, but also their supply chains? Ksapa suggests 3 approaches to align responsible purchasing with Human Rights requirements and invites the perspectives of international players to consider key challenges and solutions.