In the past twenty years, business initiatives to respect human rights has risen remarkably. Today, more than two-thirds of the fifty largest companies in the world have a specific human rights policy. This trend has been sparked by a few significant catalysts: In a world more interconnected through trade, technology and travel, the public expects businesses to be aware of their human rights impacts. But equally there is an understanding that the private sector can be a driver for positive change. We work with our clients to help them meet these growing and changing expectations with integrity.
Business & Human Rights
In the past twenty years, business initiatives to respect human rights has risen remarkably. Today, more than two-thirds of the fifty largest companies in the world have a specific human rights policy.
This trend has been sparked by a few significant catalysts:
In a world more interconnected through trade, technology and travel, the public expects businesses to be aware of their human rights impacts. But equally there is an understanding that the private sector can be a driver for positive change. We work with our clients to help them meet these growing and changing expectations with integrity.
Our expertise covers every level of the development and implementation of a human rights strategy. Alongside our responsible sourcing services, we offer advice on the design of ethical trading strategies, auditing programmes, root cause analysis, emergency response, remediation of critical issues and internal and external communications. We do this through:
Understanding human rights risks.
We carry out risk assessments that help to focus and prioritise the risks material to your operations. Whether conducting a horizon scan of your industry, establishing an understanding of the regulatory landscape or a mapping of your supply chain – we will identify the best way to generate meaningful insights. Our team combines intellectual rigour and expert knowledge to support you in focusing on where you can make the biggest difference.
Embedding human rights throughout your business.
Whether implementing insights into tangible actions or building effective management systems – Sancroft can support your efforts. As your strategic partner, we offer effective ethical trade solutions including supplier engagement, remediation and grievance mechanisms and auditing programmes. We are experienced in building holistic programmes such as due diligence processes, policy development and stakeholder engagement.
Reporting on human rights.
If you are looking to report your efforts in line with international reporting frameworks such as the UNGPs, the GRI or need advice on your Modern Slavery Statement, we can support you through this process. Our expertise at the intersection of sustainability strategy and human rights gives us unique ability to build robust reporting mechanisms that help you establish and maintain momentum.
Driving the human rights discussion.
In more than two decades, we have seen the dialogue on human rights and business evolve. We can support our clients in driving this conversation further. We host events and discussion forums and hone our insights into industry best practice. We convene and participate in stakeholder groups and advisory panels which help clients to successfully tackle challenges in the field of sustainability and human rights.
Benefits for your business
Engaging with us in the area of business and human rights will enable your business to:
- Develop a comprehensive understanding of human rights in the context of your own business operations
- Respond to issues and challenges with integrity, maintaining resilience in your operations
- Communicate your efforts to stakeholders in a compelling and engaging way
- Demonstrate how the private sector can be catalyst for positive change
Sancroft supported a major British financial institution to respond credibly and strategically to the requirements of the UK Modern Slavery Act (MSA). A four-step process was developed and followed to create a robust MSA statement for the bank. This included an assessment and gap analysis of the company’s existing policies and processes against the Act’s reporting criteria, and engagement with internal and external stakeholders to ensure that multiple perspectives were considered and incorporated. Using content gathered through document review and stakeholder engagement, we drafted an industry-aligned statement and provided recommendations for areas of improvement ahead of the bank’s next MSA statement.
In parallel, Sancroft supported the bank to develop its wider human rights approach. This included a competitor benchmark and the development of a Human Rights Policy Statement. This Policy Statement outlines the bank’s approach to human rights, and the policies and processes in place to mitigate risks.
We are pleased to be providing ongoing support to the bank in its approach to human rights and modern slavery.