Friday, 5 October 2012 Human Rights & Business Webinar
Friday, 5 October 2012 Human Rights & Business Webinar.
Dec 24, 2015
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Friday, 5 October 2012
Human Rights &BusinessWebinar
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
education?
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/ management-related
academic institutions and universities from 80+
countries• 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
* As of 25 Sept 2012
13%
23%
33%
10%
6%
11% 4% Latin America
North America
Western Europe
Eastern Europe & CIS
Middle East & Africa
Asia
Australia & New Zealand
PRME’s Value Proposition
• Framework for Organizational Change– Six Principles
• Recognition of school’s efforts to incorporate corporate sustainability– Students, Associations, Businesses, etc.
• Global and local learning communities– Working Group & Resource– Regional Meeting & Global Forum
Sharing Information on Progress
Credibility through Reporting: Sharing Information on Progress at least every 24 months
Credibility through Reporting at least every 24 months
PRME Working Group Projects & Reports
Anti-Corruption in Curriculum Change
Poverty, a Challenge for Management Education Gender Equality
Tom Hickey
Hess Corporation, NYGlobal Compliance and
Human Rights
Solicitor England & WalesAttorney State Bar California
MBA, University of Strathclyde
PRME Principle 1 | Purpose:
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.
Business andHuman Rights
Introduction• 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
Business andHuman Rights
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”
Business andHuman Rights
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
Business andHuman Rights
Some Current Challenges
Business andHuman Rights
• 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 HRs– Defining and applying HRs
remain open to interpretation
Recent Developments• Standards
- UN Framework (2008), Guiding Principles (2011)
• Practice- Policies
- Due diligence- Managing HR impacts- Reporting
Business andHuman Rights
EducationGrowing demand for management education on business and human rights• Students• Managers• Academics
Business andHuman Rights
TeachingTeaching business and human rights presents common challenges.• Where in the curriculum?• What content?• How to teach it?
Business andHuman Rights
Teaching How to teach human rights to business students?• Engage skeptics.• Frame issues.• Translate language.• Highlight decision-making.
Business andHuman Rights
Business andHuman Rights
Teaching Business and human rights education can be integrated in business school curricula.• Develop new courses and modules.• Use language and tools.• Research
“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.”
Business andHuman Rights
Related Documents
