Building on international human rights standards, the PRI is setting out expectations of signatories in a new paper. We propose a six step framework to implement respect for human rights into investment activities.
Read the paper…
PRI signatories are invited to join this collaborative engagement which focuses on engaging companies on their responsible sourcing practices around Cobalt in line with OECD Due Diligence Guidance.
Systemic human rights violations in cobalt supply chains originating in the mines of the Democratic Republic of Congo (DRC) have become a risk for companies that rely on this mineral for their products. Reasons include:
As well as mitigating risk, good management of cobalt supply chains can contribute to a company’s competitive advantage, and strengthen its long-term financial stability. Benefits include:
More information about the issue can be found in PRI's work on How Investors can Promote Resposnible Cobalt Sourcing Practices.