The event included the presentation of the results, key note speeches and two discussion panels.
The different speakers represented a variety of organisations, including investors, governments, non-governmental organisations, international organisations, trade unions and business organisations, in line with the multi-stakeholder nature, relevance and impact of CHRB (see the detailed agenda of the event below).
Some quotes from the event:
“As we work towards global business and human rights goals, business as usual is no longer good enough,” the Rt Hon. the Lord Bates, Minister of State, Department for International Development, UK.
“We are in the grip of a classic market failure. A lack of transparency and imperfect information means that the true cost of a business’ behaviour – good and bad – is not accounted for. And this is where […] the Corporate Human Rights Benchmark comes in. […] It’s about making this data public and, importantly, free,” Mark Wilson, CEO, Aviva.
“The CHRB strengthens the business case for respecting human rights,” Peggy Hicks, Director, Thematic Engagement, Office of the UN High Commissioner for Human Rights.
"The magic ingredient [to get the attention of company boards] is to combine investor & consumer voices at the same time," Erich Sahan, Private Sector Policy Adviser, Oxfam.
"It's important we don't start naming, blaming, shaming companies not performing. It's about engagement with companies," Morten Jespersen, Under-Secretary for Global Development and Cooperation, Ministry of Foreign Affairs, Denmark.
“[In] the spirit of creating a race to the top, some investors and non-profit organizations just launched a benchmark to help shape corporate policies and responses in this area,” Mara Lemos Stein, The Wall Street Journal.
“The CHRB, like the Modern Slavery Act, is causing business to relook at their governance practices within their own operations and not just their product supply chains. It is also making business look at how they can be much more transparent in disclosing their activity,” Louise Nicholls, Corporate Head of Human Rights, Food sustainability (Plan A) and Food packaging, Marks & Spencer Group.
“The Corporate Human Rights Benchmark will start to bring accountability to companies around Human Rights. [It is] a big step for corporate Human Rights,” Liam Dowd, Managing Director, Ethical Corporation.
Detailed agenda of the event: