Human Rights Impact Assessment
A Human Rights Impact Assessment is an analysis that helps determine the human rights risks and opportunities that are present in a business operation.
A HRIA can help a company understand if, when and where exactly a company’s activities begin to infringe on human rights. A Human Rights Impact Assessment can be tailored to a company’s specific factors such as industry, business strategy, risk profile, culture etc.
Performing an HRIA can help your company to better:
- Manage reputational , operational, legal and financial risks
- Identify and maximize business opportunities related to the protection of Human Rights
- Respond to stakeholders expectations and pressure
- Retain and motivate employees
- Show brand value
- Demonstrate management standards
At CSRium, we can help your organization conduct a Human Rights Impact Assessment by:
- Human rights risks and opportunities mapping /analysis
- Drafting the organization’s human rights policies and strategy
- Engaging with relevant stakeholders
- Supply chain human rights impact assessment
- Developing a grievance mechanism that addresses human rights issues
- Assessing the human rights risks and impacts
- Developing mitigation action plans
- Creating a continuous due diligence process
- Tracking performance: monitor and follow up on challenging issues
