Preloader

Human Rights Disclosure in ASEAN 2019

Human Rights Disclosure in ASEAN 2019

An assessment of human rights disclosure by the top 50 publicly listed companies in the stock exchanges of Indonesia, Malaysia, the Philippines, Singapore and Thailand found that ASEAN found that the global business and human rights movement has brought about change in ASEAN, but there is a long road ahead. Only a fraction of companies in ASEAN have taken the first step of exhibiting awareness, readiness, compliance and strategy relative to their responsibility to respect human rights. The collaborative study between ASEAN CSR Network, the Institute of Human Rights and Peace Studies, Mahidol University and Article 30 measured companies against the UN Guiding Principles on Business and Human Rights. By identifying disclosure gaps, presenting good examples from the region and highlighting points of leverage such as National Action Plans (NAPs) and stock exchange disclosure regulations, this study provides a baseline to map a new era of business and human rights in ASEAN.