New government policies and legislation on corporate sustainability and responsibility are constantly emerging and iterating. In this program Business and Human Rights issues are assessed through the lens of such legislation, which mandates companies to report more transparently about the effects of their supply chains on these issues and how their operations aim to eradicate them. As such we facilitate structured research into how corporations meet the challenges and requirements of new and old legislative frameworks in order to provide insight and fact-based improvements.
Two pieces of legislation we support research on:
The UK Modern Slavery Act, which as of 2015 mandates commercial organisations that have an annual turnover of over £36 million and operations in the UK, to publish a slavery and human trafficking statement each year, setting out steps to ensure no such cases occur in their supply chains and business operations.
Section 1502 of the Dodd-Frank Act, which in 2010 introduced a legal requirement for companies that file with the U.S. Securities and Exchange Commission (SEC) to report on their due diligence to ensure that their sourcing of certain minerals does not fund armed groups in the Democratic Republic of the Congo (DRC).
In partnership with the Walk Free Foundation and Amnesty International, WikiRate developed the two research projects to systematically assess the statements that companies produce under these Acts: UK Modern Slavery Act Research and Investigating Mineral Sourcing Practices
Universities from around the world, including Columbia University, Johns Hopkins University, the University of Western Australia, and Nottingham University, have participated in testing the metrics as well as conducting the research. As a result, in 2017 alone, over 500 statements have been assessed.