Over recent years, corporate responsibility has seen a change of focus. As a global population becomes ever more alive to general principles of individual human rights, they have also become aware of social and environmental responsibility.
Stakeholders, having developed a common understanding are increasingly adopting responsibility for the issues that corporations are faced with and seeking to highlight such issues and exert pressure where they can
Corporations and business have in turn, increasingly begun to accept this responsibility and rather than oppose activists and stakeholders, now seek to actively engage and address such issues in partnership. This can be best highlighted by the UN Human Rights Council’s endorsement in 2011 of the Guiding Principles on Business and Human Rights, following a long process of consultation and debate among companies, activists, governments and many others.
As a result, it is now seen as incumbent on a business to develop their own strategy to meet their obligations with society and see such issues of responsibility as a priority.
The objectives of a business are inseparable from the environment and society within which they operate. There is now acceptance that long-term development is only sustainable by seeking to address the impact that occurs.
IFDHR is well equipped to provide a bespoke service to corporations recognising the need to develop human rights and due diligence policies that will put them out as industry leaders.