Aaron Bernstein, Christopher Greenwald – Wednesday, November 11, 2009
Some 28% of global companies including nearly half of those with market capitalizations of more than $10 billion have labor and human rights (LHR) policies covering their global supply chains. This paper benchmarks corporate policies on labor and human rights (LHR) as they are applied to global supply chains. The goal is to build tools to help investors analyze the long-term investment risks of LHR factors. The effort is part of a broader undertaking by investment analysts to assess so-called environmental, social and governance (ESG) risks, with LHR factors typically falling into the social category.