The business needs for the due diligence on human rights

The implementation of the guiding principles of United Nations business and human rights and the next National Plan of business and human rights in Spain, It poses an increasing need for technical assistance for companies. Include a rights perspective in a holistic manner in due diligence business management cycle requires both a strategic decision by the management and the implementation of mechanisms that guarantee its later implantation in the company's day to day.
We understand that ongoing management process by due diligence in human rights, that a reasonable and prudent company needs to carry out, to meet its responsibility to respect human rights. It's a complex system, It must be integrated transversely in operational processes and decision-making of the company. Act with due diligence in the area of human rights improves the management of the company in different areas:
- comprehensive risk management system, enabling early identification of conflicts and preventive measures of mitigation;
- improve good governance mechanisms providing information for decision-making;
- reduces costs of conflicts and possible legal action that could have been avoided;
- extends access to financing and investment opportunities,
- and in general, strengthening relationships with stakeholders, in contexts of less uncertainty.
Sustentia Social Innovation It works in different ways to address the challenges and needs encountered by enterprises in adapting their management to the respect of human rights, in line with the demands of the UN guiding principles. For this, It offers different services specialized in the management of human rights due diligence, looking to support companies in key activities of these processes.
In particular, Methodology of assessment of risks and impacts on human rights, developed based on a long experience in the field of business and human rights, whose ultimate goal is - from a perspective of continuous improvement- the identify, prevent, mitigate and respond to the risks and impacts on human rights derived from entrepreneurial activity.