Part B of the Report offers guidance for companies in ten steps on how they can better protect and respect children’s rights throughout their own operations. These areas include guidance on: governance and commitment, managing impacts on children’s rights, and reporting and disclosure. 214 Australian organisations were benchmarked (the ASX 200 and 14 companies from the ASX 300) with companies subsequently provided with their results, and a chance to provide additional disclosures or to clarify the findings.
“As the world’s largest children’s organisation, working in over 190 countries to promote the rights and wellbeing of all children, UNICEF Australia encourages businesses and investors to recognise the importance of children, to engage with children as a stakeholder group, and look to how their operations and decisions intersect with the direct and indirect impacts on the lives of every child. As an absolute minimum, every large organisation should have a child safeguarding policy,” said Tony Stuart, UNICEF Australia CEO.
Download Part B of the report below
Ethical Partners are pleased to see Australia take the next steps to implement mandatory climate reporting with the release of draft climate standards, which we provided feedback on.
Ethical Partners have continuously called for the provision of high quality, comparable data on company’s climate governance and carbon metrics, which we believe is imperative for investors to fulfil the potential of responsible investment.
Ethical Partners have been proud to have been active supporters of the TNFD Forum over the past few years, and to provide regular feedback on the development of the official TNFD recommendations, which were launched in December, as well as to be active members of the RIAA Natural Capital Working Group.