Investors and human rights NGOs welcome a "commom platform" to accelerate and enhance investor action on critical human rights and business threats.
Caroline Rees, President and Co-Founder of Shift:
“The UN Guiding Principles on Business and Human Rights make clear companies’ responsibility to respect human rights. We have seen through the work of the investor coalition that backs the UNGP Reporting Framework just how valuable the investor role can be in driving home that accountability. The need and appetite for investor action on human rights is greater today than ever; this initiative of the ICCR will create a common platform to further leverage the power of investor voices and focus and coordinate efforts to drive positive change.”
Anna Pot, Senior Sustainability Specialist at APG Asset Management:
“The outcomes of the Corporate Human Rights Benchmark pilot study are another signal that companies still have more work to do on respecting human rights. In order to be effective, more investors should use their leverage to engage companies in a dialogue about truly integrating respect for human rights in their strategies. We are grateful to ICCR for providing a mechanism that empowers more investors’ work in this area.”
Patrick Doherty, Director of Corporate Governance at New York State, Office of the State Comptroller:
“For decades, ICCR has been a leader in engaging companies on human rights risks. The campaign against apartheid in South Africa, the MacBride Principles in Northern Ireland and more recently, the Bangladesh Investor Initiative after the tragic collapse of Rana Plaza are just a few examples of collective investor actions that have brought meaningful improvements in corporate practices. The need for investor engagement on human rights today is more important than ever, and we welcome ICCR’s leadership in establishing this Investor Alliance for Human Rights.”
Bennett Freeman, former SVP Sustainability Research and Policy, Calvert Investments
“Two decades of progress on corporate accountability and human rights is on the line in Washington with huge implications for companies, communities and countries around the world. Responsible investors have a vital moral and material stake in defending human rights and this new Investor Alliance will amplify their voice at a time of critical challenge.”
John Morrison, Chief Executive, Institute for Human Rights and Business (IHRB)
"Collective action is the only way to tackle a challenge of this scale. Drivers of human rights impacts are woven into the fabric of how business gets done around the world, and without many different levers being pulled at once that will not change. Investors are a key lever, and we welcome the Investor Alliance mobilising the collective body of investors to take their responsibilities head on."