United Nations Guiding Principles on Business and Human Rights

MHI Becomes a Full Member of the Japan Center for Engagement and Remedy on Business and Human Rights (JaCER)

Retrieved on: 
Thursday, September 14, 2023

JaCER supports its member companies in redressing grievances related to human rights in a professional capacity through its Engagement and Remedy Platform, a non-judicial platform based on the UN Guiding Principles on Business and Human Rights.

Key Points: 
  • JaCER supports its member companies in redressing grievances related to human rights in a professional capacity through its Engagement and Remedy Platform, a non-judicial platform based on the UN Guiding Principles on Business and Human Rights.
  • The MHI Group Human Rights Policy was established in 2021 to clarify the MHI Group's stance on human rights when conducting business activities in countries and regions around the world.
  • This policy pledges to respect human rights in the MHI Group, following the MHI Group Global Code of Conduct.
  • Furthermore, the Human Rights Due Diligence Task Force, which was established under the Sustainability Committee in fiscal 2021, have reviewed how to proceed with human rights due diligence.

Calibre Announces the Publication of its 2022 Sustainability Report, Demonstrating Commitment to Transparency and Responsible Practices

Retrieved on: 
Tuesday, June 6, 2023

The Report outlines Calibre’s 2022 progress and achievements, provides guidance for the Company’s Environmental, Social and Governance (“ESG”) performance, and underscores Calibre’s unwavering commitment to transparency, accountability and responsible business practices.

Key Points: 
  • The Report outlines Calibre’s 2022 progress and achievements, provides guidance for the Company’s Environmental, Social and Governance (“ESG”) performance, and underscores Calibre’s unwavering commitment to transparency, accountability and responsible business practices.
  • Calibre acknowledges that incorporating sustainability into its business strategy is essential to our long-term success.
  • Our commitment to transparency, accountability and responsible practices is a core value and is fundamental to our business model.
  • In addition to the Sustainability Report, Darren Hall and Petri Salopera conducted interviews regarding Calibre’s commitment to a robust ESG program.

Milestone Systems Delivers Record-high Net Revenue in 2022

Retrieved on: 
Thursday, March 30, 2023

COPENHAGEN, Denmark, March 30, 2023 /PRNewswire-PRWeb/ -- Video software firm Milestone Systems delivered double-digit growth in 2022, according to the Danish company's newly released Annual Report.

Key Points: 
  • Video software firm Milestone Systems delivered double-digit growth in 2022, according to the Danish company's newly released Annual Report.
  • COPENHAGEN, Denmark, March 30, 2023 /PRNewswire-PRWeb/ -- Video software firm Milestone Systems delivered double-digit growth in 2022, according to the Danish company's newly released Annual Report.
  • The Copenhagen-headquartered technology company recorded an all-time high annual net revenue of 1.5 billion Danish kroner (DKK), a 30% increase compared to 2021.
  • Thomas Jensen, chief executive of Milestone Systems, said; "It took 21 years to reach the first billion kroner in net revenue, but over just the last three years, we added half a billion kroner to our net turnover.

ESG becomes a critical link in the supply chain for Canadian companies

Retrieved on: 
Tuesday, November 1, 2022

Almost two-thirds (64 per cent) of small- and medium-sized Canadian companies surveyed by KPMG say they currently factor environmental, social and governance (ESG) principles including climate change into their supply chain management.

Key Points: 
  • Almost two-thirds (64 per cent) of small- and medium-sized Canadian companies surveyed by KPMG say they currently factor environmental, social and governance (ESG) principles including climate change into their supply chain management.
  • "The global COVID-19 pandemic and Russia-Ukraine conflict exposed the vulnerabilities in supply chains and brought ESG to the forefront of the corporate agenda.
  • The public, consumers, investors, and increasingly, regulators around the world today expect companies to pay more than lip service to ESG."
  • Mr. Letarte points out that most companies find it challenging to follow through on their ESG policies.

UN Global Compact launches Business & Human Rights Accelerator to increase private sector’s action on human rights

Retrieved on: 
Thursday, September 22, 2022

New York, Sept. 22, 2022 (GLOBE NEWSWIRE) -- The United Nations Global Compact launched the Business & Human Rights Accelerator, a six-month learning programme to equip companies with the tools and knowledge they need to establish an ongoing human rights due diligence process and ensure they are meeting their responsibility to respect human rights.

Key Points: 
  • New York, Sept. 22, 2022 (GLOBE NEWSWIRE) -- The United Nations Global Compact launched the Business & Human Rights Accelerator, a six-month learning programme to equip companies with the tools and knowledge they need to establish an ongoing human rights due diligence process and ensure they are meeting their responsibility to respect human rights.
  • Through taking part in the Business & Human Rights Accelerator participants receive an assessment of their company's actual and potential adverse human rights impacts.
  • The Business & Human Rights Accelerator is being offered by 35 Local Networks within the UN Global Compact in the first round.
  • Protecting the well-being and dignity of every person means preventing human rights abuses in business operations and value chains worldwide.The Business & Human Rights Accelerator is a six-month programme activating companies participating in the UN Global Compact across industries and regions to move from commitment to action on human rights and labour rights through establishing or strengthening an ongoing human rights due diligence process.

Solway Investment Group introduces its corporate Human Rights Policy

Retrieved on: 
Tuesday, September 20, 2022

ZUG, Switzerland, Sept. 20, 2022 /PRNewswire/ -- Solway is addressing the high importance of producing and marketing products in a responsible and environmentally friendly manner by introducing the new corporate Human Rights Policy (https://solwaygroup.com/sustainability-polices/) identifying standards, principles and basic rules it commits to respect.

Key Points: 
  • Under this policy Solway adheres to respect and promote all national laws and internationally recognized human rights principles, including the United Nations Universal Declaration of Human Rights, the International Covenant on Civil and Political Rights, the International Covenant on Economic, Social and Cultural Rights, the European Convention on Human Rights, and the International Labor Organization's Declaration on Fundamental Principles and Rights at Work.
  • Solway's new Human Rights Policy is approved by the dedicated Steering Committee, founded on an unambiguous respect for human rights.
  • The corporate Human Rights Policyis a framework for how Solway plans to approach issues in the future, and another way to benchmark its compliance to the UNGP and OECD Guidelines.
  • The present Human Rights Policy is the first, decisive measure and a step in Solway's continuing process to make real improvements.

Solway Investment Group introduces its corporate Human Rights Policy

Retrieved on: 
Tuesday, September 20, 2022

ZUG, Switzerland, Sept. 20, 2022 /PRNewswire/ -- Solway is addressing the high importance of producing and marketing products in a responsible and environmentally friendly manner by introducing the new corporate Human Rights Policy (https://solwaygroup.com/sustainability-polices/) identifying standards, principles and basic rules it commits to respect.

Key Points: 
  • Under this policy Solway adheres to respect and promote all national laws and internationally recognized human rights principles, including the United Nations Universal Declaration of Human Rights, the International Covenant on Civil and Political Rights, the International Covenant on Economic, Social and Cultural Rights, the European Convention on Human Rights, and the International Labor Organization's Declaration on Fundamental Principles and Rights at Work.
  • Solway's new Human Rights Policy is approved by the dedicated Steering Committee, founded on an unambiguous respect for human rights.
  • The corporate Human Rights Policyis a framework for how Solway plans to approach issues in the future, and another way to benchmark its compliance to the UNGP and OECD Guidelines.
  • The present Human Rights Policy is the first, decisive measure and a step in Solway's continuing process to make real improvements.

Kroger Outlines Updated ESG Action Plan

Retrieved on: 
Thursday, September 8, 2022

CINCINNATI, Sept. 8, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's largest grocery retailer, today outlined an updated Environmental, Social and Governance (ESG) action plan to support the company's comprehensive ESG strategy and published its annual ESG report.

Key Points: 
  • CINCINNATI, Sept. 8, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's largest grocery retailer, today outlined an updated Environmental, Social and Governance (ESG) action plan to support the company's comprehensive ESG strategy and published its annual ESG report.
  • "We are proud to report that Kroger continues to make progress toward key ESG goals.
  • Kroger's 2022 ESG Report: Nurturing Shared Values and other resources can be found at the ESG Hub, ESG Strategy: Thriving Together.
  • Kroger recently updated its Human Rights Policy to align with the United Nations Guiding Principles on Business and Human Rights (UNGPs).

Thomson Reuters Expands Reporting of Key Metrics in 2021 Social Impact & ESG Report

Retrieved on: 
Wednesday, April 27, 2022

TORONTO, April 27, 2022 /PRNewswire/ -- Thomson Reuters today issued its 2021 Social Impact and ESG Report, which outlines the company's primary environmental, social and governance activities and progress. The release of the report follows the launch earlier this year of the company's purpose – Inform the Way Forward.

Key Points: 
  • GHG emission reductions progress reported; ahead of key commitment of Science Based Targets initiative
    TORONTO, April 27, 2022 /PRNewswire/ -- Thomson Reuters today issued its 2021 Social Impact and ESG Report, which outlines the company's primary environmental, social and governance activities and progress.
  • The release of the report follows the launch earlier this year of the company's purpose Inform the Way Forward .
  • The 2021 report expands external reporting on the company's diversity and inclusion efforts with disaggregated dataon racial and ethnic representation and, where available, additional talent representation data.
  • At the end of 2021, women comprised 41% of senior leaders and 16% of senior leaders were racially or ethnically diverse.

Outokumpu financial statements release 2021: 2021 adjusted EBITDA reached over EUR 1 billion, while net debt decreased to EUR 408 million

Retrieved on: 
Tuesday, February 8, 2022

I am very pleased that Outokumpu's adjusted EBITDA exceeded the remarkable EUR 1.0 billion milestone and amounted to EUR 1,021 million, while net debt decreased to EUR 408 million.

Key Points: 
  • I am very pleased that Outokumpu's adjusted EBITDA exceeded the remarkable EUR 1.0 billion milestone and amounted to EUR 1,021 million, while net debt decreased to EUR 408 million.
  • In November, we increased our EBITDA run-rate improvement target to EUR 250 million and have now reached a cumulative impact of EUR 198 million.
  • In the fourth quarter, we increased our adjusted EBITDA to EUR 326 million, while deliveries remained at a similar level compared to the previous quarter.
  • In 2021, business area Europe's adjusted EBITDA reached EUR 485 million and deliveries increased by 7% compared to the previous year.