Top down regulation pressure and a groundswell of litigation is increasing the pressure on companies to do more human rights.
The legal landscapes for businesses regarding human rights are in flux. In this podcast, Michael Quayle, London-based associate at Freshfields Bruckhaus Deringer, and Innovation Forum’s Ian Welsh discuss how legislation is driving this change, but why companies also need to consider growing litigation risks and complaints to OECD national contact points.
Quayle outlines the more rigorous reporting requirements that companies are facing. New regulation in France, Australia and elsewhere means that companies are increasingly legally required to not only say more but, importantly, now do more about human rights as well. They discuss why companies are now being held accountable if they don’t properly work towards achieving what they have said they will do.
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