Richard Karmel explains the Reporting Framework on BHRRC Blog
On his website, Richard Karmel discusses issues relating to human rights and social responsibility in corporate society.
Richard Karmel is responsible for Mazars’ award winning business and human rights reporting service line. Richard and his team have devised an innovative solution to help protect the reputation of businesses whilst ensuring compliance with their social obligations.
He recently led Mazars participation in the drafting of the United Nations Guiding Principles Reporting Framework. A tool to help companies understand and report on their human rights performance.
He uses his website to express his views on topics and issues relating to human rights in the corporate sphere. His expert views have also been requested for a number of high profile, industry websites. His most recent article appeared on the Business & Human Rights Resource Centre (BHRRC) website.
BHRRC works with everyone to advance human rights in business. We track the human rights abuse and advances of companies around the world, and help the vulnerable eradicate abuse.
They have regional researchers based in Brazil, Colombia, Hong Kong, India, Kenya, Japan, Lebanon, Myanmar, Mexico, Senegal, South Africa, UK, Ukraine and USA.
Each draws global attention to the human rights impacts (positive and negative) of companies in their region, seek responses from companies when civil society raises concerns, and establish close contacts with grassroots NGOs, local businesspeople and others.
Richard was heavily involved in the creation and launch of the ‘Reporting Framework’, a reporting tool co-facilitated by Mazars and Shift which will help companies comply with the United Nations Guiding Principles on Human Rights.
Having been such a significant figure in its creation, the BHRRC asked Richard to pen a guest blog explaining how to it will help corporate human rights to its viewership. It is titled: Why companies should use the UNGP Reporting Framework to demonstrate that they respect human rights
“The Framework’s principal aim is to catalyse meaningful reporting on how companies understand and address human rights impacts associated with their business. This is a big challenge that requires a shift in corporate culture and practice, which will take time. However, we repeatedly heard from our consultations that the Framework is a helpful and feasible tool for companies to use and that the information it seeks to disclose is critical for regulators, investors, civil society and the companies themselves.
“Two key drivers exist for companies to understand how to respect human rights and to demonstrate that respect. The first is regulation. There are increasing regulatory requirements, including from the EU and within the UK Companies Act, that make it mandatory for many companies to report on their human rights performance often with explicit reference to the UNGPs. As the only comprehensive tool for reporting on human rights in line with the UNGPs, the Framework can help companies fully meet these requirements.”
If you would like to learn more about Human Rights Best Practice, please watch Richard’s YouTube webinar.
You can also follow his latest thoughts and comments with regard to corporate human rights via his twitter feed.