TODAY'S STUDENTS, TOMORROW'S LEADERS Dear friends of the GCBHR,
We hope you all had a good start to the new year!
2024 is the year in which companies must be ready for new human rights due diligence regulations. They also need to start reporting on how they meet human rights requirements through their core business operations.
The Swiss directive is narrower in scope than emerging EU regulations, but it explicitly asks companies to conduct human rights due diligence in the context of conflict minerals and child labor.
Our new white paper on child labor aims at supporting companies in meeting new legal requirements and better understanding why progress on child labor has been stalling. The white paper focuses on the emblematic case of child labor in the cocoa sector in Côte d’Ivoire and highlights that systemic progress requires stakeholders to share responsibility. Based on expert interviews, we map root causes of child labor and outline a strategy for these stakeholders.
Over the next months, we will also work on migration-related human rights risks in the global coffee supply chain. We just launched a new Business and Human Rights Clinic with Nespresso and six motivated students from our Master program at the University of Geneva. A previous Clinic with the International Code of Conduct Association (ICoCA) recently resulted in a publication on the assessment of the "S" in ESG ratings, which highlights the applicability of clinical education that the GCBHR provides.
Preparing future leaders with human rights management skills will again be one of our key priorities in 2024. Through teaching (BHR courses at the bachelor and the graduate level this spring), developing case studies and other teaching resources (some with the International Labor Organization), guiding emerging scholars in the Business and Human Rights Young Researchers Summit, the Global Business School Network for Human Rights Impact Community (GBSN for BHR), and co-authoring a book on transformational business models, we want to contribute to shaping the next generation.
We are grateful for the support from many of you and are looking forward to working together in 2024. Advancing human rights in business and business school education never made more business sense than now.
Best wishes,
GCBHR Team |