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Does Your Business Need a Human Rights Strategy?

December 7, 2021
Human Rights
Bild von Gerd Altmann auf Pixabay

Corporate responsibility to defend human rights: Analyses and strategies

Companies are regularly confronted with human rights violations. Although the protection of human rights has historically been primarily the responsibility of governments, companies also have a responsibility as so-called corporate citizens.

Prof. Dr. Markus Scholz (Head of the Institute for Business Ethics and Sustainable Strategy at FHWien der WKW), together with N. Craig Smith (INSEAD) and Jane Williams (INSEAD), answer the question of whether and, if so, when companies should engage in human rights in the MITSloan Management Review. They also outline decision trees and strategies for coordinated engagement in defense of human rights.

Ultimately, they argue that companies have numerous options to support human rights compliance. When companies fail to exercise these options, they not only jeopardize their reputations, but they may make themselves complicit in human rights abuses.

Read the article here.