For responsible companies, the avoidance of legal sanctions is a secondary motivation – first and foremost, corporate respect for human rights ensures that they, at a minimum, do not harm the individuals and communities that are impacted by their activities. Moreover, in 2015, leading companies know that respecting human rights
- brings commercial benefits, through increased investment, access to wider procurement and top-quality recruits as well as reputational benefits;
- allows them to better anticipate and manage operational and regulatory risks, and be well positioned to comply with future legal and regulatory requirements; and
- can avoid costly company-community conflicts by securing their ‘social license to operate’.