Human rights

NOVEMBER 2023 Human rights – the weakest link in supply chains? Key takeaways • Worker rights crises in sectors ranging from mining to fashion have highlighted the 昀椀nancial risks of poor human rights practices. • Such controversies, combined with new regulations, are driving greater transparency around human rights throughout supply chains. • Protecting these rights can mitigate 昀椀nancial, legal and reputational risks while also ensuring companies contribute to the UN Sustainable Development Goals (SDGs). • As an investor, we identify worker rights issues and encourage companies to align with important benchmarks such as the UN Guiding Principles on Business and Human Rights. Prompted by a combination of global crises, high- pro昀椀le worker rights violations, and law changes, companies are in the spotlight to ensure workers are protected throughout the supply chain. What are the issues for investors? Nicole Papassavvas Déborah Yomtob Senior Sustainability Senior Stewardship Analyst Analyst ALLIANZGI.COM