NAT.C02.EC Business Relationships & Indigenous People' Rights Requirements
About the data
This metric was designed by The World Benchmarking Alliance, more information can be found here. Sources and Alignments for each indicator can be found here as well as the scoring guidelines here
The World Benchmarking Alliance's Nature Benchmark measures and ranks the world's most influential companies on their efforts to protect our environment and its biodiversity.
This metric relates to the Indicator: The company respects indigenous peoples' rights and obtains affected Indigenous Peoples' free, prior and informed consent regarding whether and how to carry out projects.
Rationale: Indigenous peoples may be particularly vulnerable to the adverse impacts associated with project development, including risk of impoverishment and loss of identity, culture and natural resource-based livelihoods (IFC, 2012d). Protecting and securing Indigenous Peoples' rights has been recognised as crucial to advancing conservation, restoration and climate change mitigation and adaptation strategies (WRI, 2019).
Methodology
WBA analysed all publicly available group-level disclosure in English on the applicable group website, which was predominantly annual reports and sustainability reports. Draft assessments were then sent to each company inviting them to provide feedback. This feedback could include additional publicly available group disclosure published. These were then reviewed and finalised. Final assessments were then shared with each company before being published online.
For this metric Forest protection policies (FPP) will also be accepted if it includes clear language on requirements in regards to identifying and recognising Indigenous People and to obtain FPIC.
Keyword: Forest Protection Policy, Canopy, CanopyStyle, Pack4Good Initiative