RepRisk data used in 2018 Corporate Human Rights Benchmark (CHRB)
Environmental, social, and governance (ESG) risk metrics and analytics by RepRisk have been incorporated into the CHRB serious allegations assessment
Zurich, Switzerland – November 15, 2018 – RepRisk, a global data science company specialized in ESG and business conduct risk research and quantitative solutions, is pleased to provide ESG data for the 2018 Corporate Human Rights Benchmark (CHRB), a collaboration led by investors and civil society organizations dedicated to creating the first open and public benchmark of corporate human rights performance.
CHRB measures the performance of companies with respect to the UN Guiding Principles on Human Rights. It has established a framework consisting of 100 indicators across six key themes: governance and policies, embedding respect and human rights due diligence into the business, remedies and grievance mechanisms, human rights practices, responses to allegations of serious human rights impacts, and transparency. RepRisk provided its proprietary ESG risk metrics and analytics for the CHRB serious allegations assessment component of the ranking methodology.
“We are delighted to provide data for this unique benchmark,” says Linard Campell, Executive Vice President Business Development at RepRisk. “Through our partnership with the CHRB, we are pleased to increase transparency on company performance, which is not always apparent via the traditional avenues of public company-mandated disclosures.”
RepRisk’s research captures and analyzes information worldwide and in 20 languages from public sources and stakeholders external to a company in order to systematically flag and monitor material ESG risks. The RepRisk Platform, consisting of 110k+ public and private companies and 25k+ projects of all sizes, in every sector and market, is used by leading organizations as their key due diligence solution to prevent and mitigate risks related to their operations, business relationships, and investments.
“We are very grateful to RepRisk for providing ESG analysis and data which we used in our assessment of company responses to serious allegations,” says Daniel Neale, Director of the CHRB. “For the Benchmark to have an impact, it is essential that our assessment should rely on robust, comprehensive and credible information. The RepRisk data is therefore a crucial source in the research process. The 2018 results show that improvements are needed urgently and the CHRB is calling on companies to use the results to understand where such improvements can be made.”
Gina Walser, Sales and Marketing
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RepRisk is a global leader and pioneer in data science, specializing in premium ESG and business conduct risk research and quantitative solutions. Since 2006, RepRisk has been leveraging artificial intelligence and curated human analysis to translate big data into actionable business intelligence and risk metrics. With daily-updated data synthesized in 20 languages using a rules-based methodology, RepRisk systematically flags and monitors material ESG risks and violations of international standards that can have reputational, compliance, and financial impacts on a company. Our flagship product, the RepRisk Platform, is the world’s largest database of its kind, consisting of 100k+ public and private companies and 25k+ projects of all sizes, in every sector and market. Leading organizations around the world rely on RepRisk as their key due diligence solution to prevent and mitigate ESG and business conduct risks related to their operations, business relationships, and investments.
Learn more at www.reprisk.com.
CHRB is a UK based not for profit, supported by a mix of investors, civil society organisations and European governments. It produces in-depth assessments and rankings of how well companies in high-risk sectors perform on human rights issues. CHRB aims to harness the competitive nature of the markets to drive better corporate human rights performance, by providing companies, investors, consumers, governments and civil society with the information to make better decisions on the allocation of capital, purchasing, procurement, legislation and campaigns. CHRB is an ally of the World Benchmarking Alliance (WBA).
For more information, please visit https://www.corporatebenchmark.org/.