labour and human rights standards in corporate australia.ppt

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Labour & Human Rights Standards in Corporate Australia

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Labour & Human Rights Standards in Corporate

Australia

Policy & disclosure across the ASX200

• Do ASX200 companies disclose their policies on labour and human rights standards?

• Does this include child labour? Freedom from discrimination? Or the right to collective bargaining?

• Do you want to know?

Impacts of labour and human rightsbreaches and conflicts are varied and wide ranging...

Globally, 6 out of 10 GICS sectors have a high frequency/severity of recorded labour and human rights controversies....INCIDENCE/SEVERITY OF LABOUR & HUMAN RIGHTS CONTROVERSIES BY GLOBAL SECTOR

55% of the ASX200 index is weighted in sectors with high frequency/severity of labour and human rights controversies. Roughly a further 20% in sectors with moderately high frequency/severity of labour and human rights controversies...

SECTOR COMPOSITION OF THE ASX200 ( EX-TRUSTS) Information

Technology2%

Telecommunication Services

2%

Consumer Staples4%

Utilities4%

Health Care5%

Energy11%

Consumer Discretionary

14%Financials

14%

Industrials16%

Materials28%

Prohibition of discrimination and OH&S is a widely protected right among ASX200 companies. However policies on broader labour and human rights standards, such as the prohibition of forced labour, freedom of association & the right to collective bargaining, are rare...

EXISTENCE OF PUBLICLY DISCLOSED POLICY COMMITMENTS BY ASX200 COMPANIES.

Even where there are disclosed policies, the application of these policies to those in precarious employment, joint venture partners or suppliers is not widely cited...

EXISTENCE OF PUBLICLY DISCLOSED POLICY COMMITMENTS BY ASX200 COMPANIES.

Supply-Chain Labour & Human Rights

The ASX200 & Global Company Policies• What do ASX200 companies disclose about their global supply-chain policies?

• Do they offer the same protections as their global peers on human rights? Forced labour?

• How do they compare?

ASX200 companies also do not measure up to global counterparts when it comes to disclosing labour and human rights policies across their supply-chains...

SUPPLY-CHAIN LABOUR AND HUMAN RIGHTS POLICIES – ASX200 VERSUS A GLOBAL SAMPLE OF 2,508 OF LARGE PUBLICLY LISTED COMPANIES.

ASX200 companies also perform poorly when it comes to IMPLEMENTATION of labour and human rights policies across their supply-chains...

IMPLEMENTATION OF SUPPLY-CHAIN LABOUR AND HUMAN RIGHTS POLICIES – ASX200 VERSUS A GLOBAL SAMPLE OF 2,508 OF LARGE PUBLICLY LISTED COMPANIES.

Australia lags regional counterparts in disclosing supply-chain labour and human rights policies for a number of areas...

SUPPLY-CHAIN LABOUR AND HUMAN RIGHTS POLICIES – AUSTRALIA VERSUS REGIONAL COUNTERPARTS IN EUROPE, US AND ASIA PACIFIC.

Regional counterparts also perform better than Australia in IMPLEMENTATION of supply-chain labour and human rights policies...

IMPLEMENTATION OF SUPPLY-CHAIN LABOUR AND HUMAN RIGHTS POLICIES – AUSTRALIA VERSUS REGIONAL COUNTERPARTS IN EUROPE, US AND ASIA PACIFIC.

Want to f ind out more?

For further information or to download the report go to:

www.lucrf.com.au or www.acsi.org.au