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Business and Human Rights - From Obligations to Positive Impact
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Assignment Week 2
Introduction to Business and Human Rights
Welcome to the course
Manage your business impact on people and society - The rise of S in ESG
Governance frameworks and human rights - Voluntary agreements to legislation
From responsibility to accountability: sustainable business practices
Navigating grievance mechanisms and access to remedy
Social responsibility indicators - Reporting standards and frameworks
Industries' perspective on human rights
SAP's approach to human rights
Downloads
Quiz
Business Impact on Society and the Environment
Business Impact - Own Workforce, Consumers, and Communities
Business Impact - Workers in the Value Chain
Knowledge quiz
It's time to put what you've learned to the test, get 8 right to pass this week.
1.
Which of the following are chapters of the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct?
There are two correct answers.
Human rights
Taxation
Animal welfare
Transportation
Auditing
2.
What are key steps towards solving the meta-crisis ?
There are two correct answers.
Lobby and invest in systems for decentralized democratic governance and consensus building across geopolitical poles.
Engage in collaborative problem-solving.
Lobbying for stronger regulations.
Reducing greenhouse gas emissions.
Introduce checks and balances.
3.
What is the main purpose of systems thinking for tackling climate impacts?
Choose the correct answer.
To understand the complexity and create consensus in multi-actor decisions by integrating social, economic, and environmental factors
To make necessary changes in ecological, social, or economic systems in response to climate change and its effects
To ensure the right to live in a clean and healthy environment
To increase risk irreversibly after passing a certain threshold in socio-ecological systems
4.
What are some of the significant risks to business arising from the systemic risks associated with mounting inequality?
There are three correct answers.
A volatile operating environment
Supply chain insecurity
Access to capital
Cybersecurity threats
Inflation
5.
What is the difference between synergies and trade-offs?
Choose the correct answer.
Synergies can result in negative impacts, while trade-offs often lead to positive outcomes.
Synergies and trade-offs both lead to negative impacts.
Synergies generate positive outcomes, while trade-offs lead to negative impacts in other areas.
Synergies and trade-offs both generate positive outcomes.
6.
Why is the economy said to be "untethered" from human values?
There are two correct answers.
It prioritizes growth over human well-being.
It is controlled by a small minority of wealthy individuals.
Ecological cost is not accounted for, and defined as an externality.
It doesn't cater to vulnerable populations.
7.
What are some of the global trends that exacerbating inequality in many societies throughout the world?
There are three correct answers.
COVID-19
The climate emergency
Technological disruption
Demographic shifts
Rise of remote work
8.
What is the benefit of integrating synergies and trade-offs in sustainability risk assessments?
Choose the correct answer.
It helps in developing climate adaptation plans with positive impacts and minimizes unintended negative consequences.
It helps to attract investment in the company.
It helps in achieving short-term sustainability business goals.
It helps reduce competition to position the company as a sustainable business.
9.
What are potential risks for a business of not tackling the issue of inequality?
There are three correct answers.
Regulatory and compliance issues
Reputational loss and restricted access to capital
Less productivity and innovation
Having to pay an inequality tax
Takeover by richer competitors
10.
What defines stakeholders in the human rights due diligence process?
Choose the correct answer.
Stakeholders are only people that are directly influenced by a business’s actions.
The only stakeholders are individuals that had to suffer from a human rights incident and that a business needs to communicate with to provide remedy.
Stakeholders and their participation in the process are essential and no business can meet its due diligence obligations without engaging with a wide range of stakeholders.
A stakeholder is assumed to be every person, every business, and every organization that operates in the same industry or in the same country as the business carrying out human rights due diligence.