Pilot Benchmark Process: The Corporate Human Rights Benchmark (CHRB)
The Corporate Human Rights Benchmark (CHRB) has begun its pilot benchmark process evaluating 100 selected companies in the agriculture, apparel and extractives industries. The CHRB uses a detailed methodology aligned with the UN Guiding Principles and industry standards, ‘developed over two years in consultation with over 400 companies, industry associations, investors, governments, civil society representatives, academics and lawyers’. The benchmark is aimed to rate and rank major companies on their human rights policies, processes and practices, responses to human rights-related allegations, as well as overall transparency. The final scores of the pilot benchmark process will be published in November 2016. For more information on the CHRB, its objectives and methodology please click here.