HRIAs help organisations address complex and often systemic human rights concerns, including labour rights and community impacts. By tackling both actual and potential adverse impacts, an HRIA provides forward-looking insight, enabling organisations to strengthen risk management, prevent harm and develop long-term solutions that support resilient supply chains and sustainable business practices.
Conducting HRIAs in high-risk jurisdictions and operations strengthens both governance and accountability, while also building stakeholder trust and protecting reputation.
Key benefits of HRIAs include:
- Prevention of harm to people and risk mitigation
- Improved oversight of operations and supply chains
- Greater confidence for investors, regulators employees and customers
- Evidence-based insights to support ESG reporting