BP, Equinor, Shell and Total CEOs have decided to cooperate to create a collaborative approach to human rights supplier assessments in the energy industry.
Contributing companies have realized the significance of working with suppliers that respect human rights, consistent with the UN Guiding Principles on Business and Human Rights, which include the fundamental conventions of the International Labor Organization (ILO), and that care for their people.
Formation of an industry framework for human rights supplier assessments is the goal of this initiative. Through an independent third party, results of performed assessments will be shared with the participating companies. At present, work is continuing, to establish the assessment criteria and sharing mechanism.
Making it simpler and more efficient for suppliers to demonstrate how they respect human rights and care for their people is the anticipated outcome. The improvement of working conditions in the companies’ supply chains is aimed to be supported by the sharing mechanism across the participating parties
BP, Equinor, Shell and Total, as members of the UN Global Compact, believe the objectives of Sustainable Development Goal 8, which is to “promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all” is supported in this initiative.
Collaboration on selection of suppliers, does not include the proposal which continues to remain the independent decision of each participant. PWKD26092018