UN Guiding Principles Reporting Framework
Many stakeholders, including investors, have asked for guidance on how companies should report on how they are implementing the UN Guiding Principles.
The UN Guiding Principles Reporting Framework is the world’s first comprehensive guidance for companies to report on how they respect human rights. It has been developed through the Reporting and Assurance Frameworks Initiative (RAFI) in an open, global, and consultative process coordinated by Shift (http://shiftproject.org) and Mazars
“The Working Group strongly encourages the trend towards reporting actual impacts, including those on human rights, and the development of related indicators. The recently launched UN Guiding Principles Reporting Framework and its cross-referencing to the Global Reporting Initiative’s important work in developing human rights-related indicators have made a vital contribution to defining the elements of comprehensive human rights reporting.
United Nations General Assembly. Note by the Secretary-General. 30 July 2015
We encourage companies to join ABN-AMRO, Ericsson, H&M, Nestlé, Newmont, Unilever and the investor coalition, gathering 82 investors, and representing $4.8 trillion assets under management, in using the Framework to proactively assess and manage their human rights risks, demonstrate how they meet their responsibility to respect human rights, and support long-term financial stability.
The UNGP Reporting Framework was launched in London on 24 February 2015. During the course of September and October 2015, the RAFI project team of Shift and Mazars convened 3 multi-stakeholder expert consultations in London, New York and Jakarta. See below to download a summary of take-aways. The Assurance Guidance linked to the UNGP Reporting Framework will be launched in 2016. For more information on the UNGP Reporting Framework, please click here. (http://www.ungpreporting.org)
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UN Reporting Framework Launch
Following 18 months of research and consultation led by Shift – an independent, non-profit center for business and human rights practice – and Mazars, the UN Guiding Principles Reporting Framework will be officially launched on Tuesday, 24 February 2015 in London.