In March 2017, the Center published Putting the "S" in ESG: Measuring Human Rights Performance for Investors. After examining more than 1700 social indicators, the report outlined several gaps in existing approaches to evaluating companies' social performance. The Center is now working on a pilot project to develop improved social measures for the apparel sector. Following nine months of expert outreach, the Center has developed a list of indicators that it will soon test in practice.
In a guest blog, Dan LeClair, Executive Vice President and Chief Strategy and Innovation Officer - AACSB International, asserts the importance of teaching human rights in business school curriculum. He points to the Center's efforts to create a global network of business schools that shows how human rights issues are relevant to different business disciplines, such as accounting, finance, marketing, and information systems.
Snapchat claims it has found at least a partial solution to “fake news.” Snap, the Los Angeles-based parent of the image messaging app, recently announced it would separate social material from media. So, has Snap hit upon a solution to “fake news”? Not exactly. Snap’s redesign is not a game-changer.
Last week, Eric Schmidt, executive chairman of Alphabet, Google’s parent company, caused a stir by suggesting publicly that the search giant would seek to “de-rank” Russia’s main international television service and a prominent Russian news website. RT, the television service, and Sputnik, the website, have been implicated by U.S. intelligence agencies in the Kremlin’s far-reaching attempt to meddle in the 2016 U.S. presidential election.
British Prime Minister Theresa May helpfully reminded us that Russia’s politically motivated online disinformation constitutes a threat to human rights. But May missed an opportunity to issue a challenge to the social media and search platforms that Russian operatives and others have used to disseminate harmful content online.
YouTube has taken a narrow but important step to protect its users and society at large from dangerous content online. The world’s most popular digital video site has markedly reduced its inventory of taped sermons delivered by the late terrorist recruiter Anwar al-Awlaki, the New York Times reported on Nov. 12.
A new Venezuelan law clamping down on social media and broadcast organizations demonstrates in extreme fashion the dangers of government regulation of online content. The measure requires operators of social media sites such as Facebook or Twitter to remove hateful posts immediately, with potential punishments of 10 to 20 years in prison for those who violate the law.
Four years after the 2013 Rana Plaza factory collapse, the two largest programs dedicated to garment factory safety in Bangladesh are nearing their end. As the Accord and Alliance get ready to leave, the NYU Stern Center for Business and Human Rights recognizes that there is still much work to be done in Bangladesh. There is also a new opportunity for locally led efforts to make real change.
New research by the International Labor Organization (ILO) and the Ethical Trading Initiatives (ETI) confirms the Center’s research into the purchasing practices of international clothing brands and retailers and their detrimental affect working conditions in supplier factories. Now, findings and shows that these practices are not unique to Bangladesh.
The IFC/ILO concluded that as of June 2016, the remaining funding gap of the total cost of remediating Bangladesh’s apparel industry is 448 million USD. While this estimate draws valuable attention to the magnitude of the financing gap, new research by the NYU Stern Center finds that this estimate is far too low.