Business and Human Rights - Principles for Responsible

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Transcript Business and Human Rights - Principles for Responsible

Human Rights &
Friday, 5 October 2012
Webinar Program
• Speakers
• Jonas Haertle, PRME Secretariat
• Tom Hickey, Hess Corporation
• Anthony Ewing, Columbia Law School and Logos Consulting
• Q&A
• Relevance of HRs to business schools?
• Potential for PRME to advance discussion of HRs in management
Jonas Haertle
UN Global Compact
Head, PRME Secretariat
[email protected]
UN Global Compact
• Objective: Creating a more sustainable and inclusive global economy
• Universally accepted value platform for responsible business practices
• Human Rights,
• Good Workplace practices,
• Environmental standards,
• Anti-Corruption.
• 6,000+ businesses in over 130 countries
• 4,000+ non-business participants
• More than 100 Local Networks
Principles for Responsible
Management Education (PRME)
UN-backed initiative to change the
curriculum, research and learning
methods of management education
based on UN Global Compact/
Corporate Sustainability approach
Launched in 2007
Who Participates
• 450+ business schools/
academic institutions and
universities from 80+
• 34 of the Financial Times’ top
100 business schools (MBA)
• 38 of the top 65 schools of the
Financial Times’s Masters in
Management programmes
Latin America
North America
Western Europe
Eastern Europe & CIS
Middle East & Africa
Australia & New Zealand
* As of 25 Sept 2012
PRME’s Value Proposition
Framework for Organizational Change
– Six Principles
Recognition of school’s efforts to incorporate corporate
– Students, Associations, Businesses, etc.
Global and local learning communities
– Working Group & Resource
– Regional Meeting & Global Forum
Sharing Information on Progress
Credibility through Reporting at least every 24 months
Credibility through Reporting: Sharing Information on
Progress at least every 24 months
PRME Working Group Projects & Reports
in Curriculum
Poverty, a Challenge for
Management Education
Gender Equality
Tom Hickey
Hess Corporation, NY
Global Compliance and
Human Rights
Solicitor England & Wales
Attorney State Bar California
MBA, University of Strathclyde
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PRME Principle 1 |
We will develop the capabilities of students to
be future generators of sustainable value for
business and society at large and to work for
an inclusive and sustainable global economy.
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Social and investor expectations to respect human rights
To integrate HRs, one first needs to understand what they are
Students are multi-national, from all sectors and all functions
Academic freedom to analyze, debate and problem solve
Inject HRs directly into cross functional management positions
Quantify value of HRs on return on investment
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Opportunity for Business
• Prevent operational disruption through HRs strategy
• Potential for significant value erosion or project failure, e.g.:
– Start up business fails to recognize impact of its growth
– Bank overlooks community perceptions of its rights
– How does a plant manager handle a protest
• Balance “legal rights to operate” with “social license to operate”
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Embedding Skills into Business
• Risk analysis, due diligence and project strategy
• Quantifying value of HRs
– Delta between having a HRs strategy vs. not doing so
– Financial and reporting tools enhance credibility
– Incorporating HRs in project execution and operational processes
• International transactions and HRs
– Include HRs language in State level investment agreements
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Some Current Challenges
• Myanmar General License 17
– HRs reporting requirements
• Dodd Frank 1502 and 1504
– HRs in securities regulation
• Kiobel v Royal Dutch Shell
– Defining future for ATS litigation
• Global Reporting Initiative
– Additional scrutiny of HRs & ethics
• Guiding Principles on Business
and Human Rights
– Guidance for Business to respect
– Defining and applying HRs remain
open to interpretation
Anthony Ewing
Lecturer, Columbia Law School
Partner, Logos Consulting Group
[email protected]
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Recent Developments
• Standards
- UN Framework (2008), Guiding Principles (2011)
• Practice
Due diligence
Managing HR impacts
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Growing demand for management education
on business and human rights
• Students
• Managers
• Academics
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Teaching business and human rights presents common
• Where in the curriculum?
• What content?
• How to teach it?
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How to teach human rights to business students?
• Engage skeptics.
• Frame issues.
• Translate language.
• Highlight decision-making.
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Business and human rights education can be
integrated in business school curricula.
• Develop new courses and modules.
• Use language and tools.
• Research
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“Students preparing today for careers in
business, law and government should
expect universities to equip them to
understand and navigate the business
and human rights landscape.”
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[email protected]