SRI--Human Rights

 

HUMAN RIGHTS

 
In the following guidelines, two basic definitions will be used:
 
1. The International Labour Organization Core Conventions (ILOCC). These conventions have been established as constituting fundamental human rights; they are as follows:
• Required suppression of forced labor in all its forms
• Required freedom for workers to join organizations of their choosing without interference by public authorities or anti-union discrimination
• Required equal employment opportunities and pay/benefits regardless of demographical background
• Required minimum employment age be no lower than the age of completion for compulsory schooling as well as suppression of child labor in dangerous situations (such as slavery, prostitution, mining, deep sea fishing, etc.)
 
2. The Universal Declaration of Human Rights (UDHR -- www.un.org/Overview/rights.html)
This declaration made by international consensus in the U.N. is the most generally accepted standard of human rights.
 
Labor Issues
 
We support:
• Proposals for multinational corporations to adopt internationally recognized human rights principles and human standards, such as those exposed by UDHR and ILOCC.
 
Human Rights
 
We support:
• Proposals that ask corporations to create and present reports outlining their policies and procedures regarding human rights unless doing so would cause undue financial burden to the company. Specifically, if the company would have to incur costs greater than one (1) percent of their operating revenue, then they reserve the right to decline to produce these reports.
• Proposals that request that companies establish board committees on human rights and associated policies, unless the company has a formal structure in place to review human rights issues facing the company.
• Proposals that request reports on company policies and procedures for assessing the
adequacy of host country laws with respect to protecting indigenous rights and for obtaining the consent of affected indigenous communities for operations and other company business activities.
• Proposals that request companies to review and develop guidelines for country selection, including guidelines on investing in or withdrawing from countries where the government has engaged in ongoing and systematic violations of human rights.