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UN Forum On Business and Human Rights - Fostering a Conducive Environment: Addressing Human Rights Due Diligence Challenges
Overview
The global landscape for human rights due diligence (HRDD) is evolving rapidly, with diverse regulatory measures emerging in the U.S. and Europe. Regulations such as the U.S. Uyghur Forced Labor Prevention Act (UFLPA) and the EU Corporate Sustainability Reporting Directive (CSRD) impose rigorous requirements on businesses, mandating the integration of human rights protections throughout their operations and supply chains. This shift towards mandatory HRDD highlights the importance of developing robust accountability mechanisms and cultivating a corporate commitment to human rights. U.S. companies operating within complex, multi-tiered supply chains face unique challenges as they strive to align with expanding regulatory expectations. This roundtable discussion will bring together key representatives from the UN Global Compact, the U.S. government, and the U.S. private sector to explore strategies for embedding human rights values within corporate structures, with a particular focus on supply chain accountability. During this roundtable, we will address how companies can effectively navigate legal requirements and emphasize the importance of going beyond mere compliance. By adopting proactive human rights approaches, companies can enhance their business practices and contribute positively to the global community.
Objectives of the Event
1. Gain insights into the Human Rights Due Diligence (HRDD) regulatory landscape: Focus on U.S. and EU frameworks, examining how these evolving regulations impact U.S. companies' global operations. Understand how compliance with international HRDD standards can influence corporate responsibility and human rights practices.
2. Highlight the importance of transparency and accountability in supply chains: Emphasize the role of the U.S. private sector in promoting human rights globally by setting higher standards in supply chain management. Learn how transparency strengthens trust and mitigates risks associated with human rights abuses.
3. Understand the benefits of going beyond compliance: Learn why fostering a genuine corporate commitment to human rights - rather than merely meeting legal requirements - can offer competitive advantages, enhance reputation, and contribute to a sustainable business model.
4. Explore best practices for creating a corporate culture centered on human rights: Draw on lessons from European and U.S. business experiences to discover practical approaches for integrating human rights at all organizational levels.
Point of Contact
Noah A. Smith, Program Manager, Human Rights Phone: (917) 868-9320
Email: noah@globalcompactusa.org
Please contact Noah Smith for insights or assistance regarding human rights initiatives at the UN Global Compact Network USA or if you have any questions regarding this event.