UN Global Compact Launches Business & Human Rights Accelerator to Increase Private Sector Action on Human Rights

UN Global Compact Launches Business & Human Rights Accelerator to Increase Private Sector Action on Human Rights

New curriculum aims to help companies move from engagement to action on human rights and labor rights

New York, Sept. 22, 2022 (GLOBE NEWSWIRE) — The United Nations Global Compact launched the Business & Human Rights Accelerator, a six-month learning program to equip companies with the tools and knowledge they need to establish an ongoing human rights due diligence process and ensure they fulfill their responsibility to respect human rights . Such a robust human rights due diligence process shifts companies from a ‘risk to business’ approach to a ‘risk to people’ approach.

The Accelerator for Business and Human Rights will help companies understand when, where and how companies impact human rights and how to prioritize the most salient issues for action, while identifying the most appropriate measures to mitigate risk, monitoring the effectiveness of their efforts and communicating effectively with stakeholders about their progress.

“Business, directly or indirectly, influences almost the entire spectrum of internationally recognized human rights. It affects the human rights of workers and contract workers, workers in their supply chains, the communities around their operations, and even the end users of their products and services. By completing the Business & Human Rights Accelerator, companies will learn not only how to reduce or prevent negative human rights impacts, but also how to build a competitive advantage by ultimately becoming a powerful force for good,” said Sanda Ojiambo , Deputy Secretary-General; Executive Director and CEO of the UN Global Compact.

Assessments based on benchmarking and ranking initiatives show that most companies do not demonstrate practices that meet the requirements of the UN Guiding Principles on Business and Human Rights. This may indicate that risks to workers and communities are not being adequately managed, despite growing awareness and increasing commitments. Nearly half (46.2%) of the world’s largest companies, as assessed by the Corporate Human Rights Benchmark in 2020 as part of the UN Guiding Principles on Business and Human Rights, have shown no evidence of reducing human rights issues in their supply chains.

By participating in the Business & Human Rights Accelerator, participants receive an assessment of the actual and potential human rights impacts of their business. They also prepare an action plan so that they can return to work with the aim of putting their lessons into practice to drive change. Finally, they will build an invaluable network of colleagues, UN partners and experts who will inspire them to shape their human rights journey and drive a global movement forward. The Business & Human Rights Accelerator is offered in the first round by 35 Local Networks within the UN Global Compact.

Notes to editors

About the Business & Human Rights Accelerator

Protecting the well-being and dignity of every person means preventing human rights violations in business operations and value chains around the world. The Business & Human Rights Accelerator is a six-month program that activates companies participating in the UN Global Compact in various sectors and regions to shift their commitment to action on human rights and labor rights by establishing or strengthening an ongoing due diligence process. human rights process. This process – first introduced by the UN Guiding Principles on Business and Human Rights in 2011 – enables companies to identify, prevent, mitigate and account for how they address human rights impacts. A robust human rights due diligence process shifts companies from a ‘risk to business’ to a ‘risk to people’ approach and helps companies around the world be a powerful force for good.

For more information and to sign up for the Accelerator for Business and Human Rights please visit unglobalcompact.org/bhr-accelerator

About the United Nations Global Compact

As a special initiative of the UN Secretary-General, the United Nations Global Compact calls on companies around the world to align their activities and strategies with ten principles in the areas of human rights, labour, the environment and anti-corruption. Our ambition is to accelerate and scale the global collective impact of business by upholding the Ten Principles and achieving the Sustainable Development Goals through responsible companies and ecosystems that enable change. With more than 15,000 companies and 3,000 non-corporate signatories in more than 160 countries and 69 local networks, the UN Global Compact is the world’s largest corporate sustainability initiative — one Global Compact uniting businesses for a better world.

For more information, follow @globalcompact on social media and visit our website at unglobalcompact.org.

CONTACT: United Nations Global Compact (212) 907-1301 media@unglobalcompact.org

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