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Questions and Answers
What is identified as a business responsibility in the United Nations Guiding Principles on Business and Human Rights (UNGPS)?
What is identified as a business responsibility in the United Nations Guiding Principles on Business and Human Rights (UNGPS)?
- Conducting human rights due diligence in business operations (correct)
- Implementing effective marketing strategies
- Investing in cryptocurrency
- Ensuring data protection compliance
What risk does failing to conduct human rights due diligence in business operations and supply chains pose to Manulife?
What risk does failing to conduct human rights due diligence in business operations and supply chains pose to Manulife?
- Enhanced brand reputation
- Legal risk and operational inefficiencies
- Financial and reputational risk (correct)
- Improved stakeholder relationships
How can businesses ensure human rights due diligence in supply chains?
How can businesses ensure human rights due diligence in supply chains?
- By reducing employee benefits
- By having mechanisms in place to contract responsibly (correct)
- By increasing production capacity
- By ignoring stakeholder feedback
Why are regulatory environment, investor questions, and media coverage mentioned in relation to human rights due diligence?
Why are regulatory environment, investor questions, and media coverage mentioned in relation to human rights due diligence?
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What is NOT mentioned as a potential consequence of failing to conduct human rights due diligence?
What is NOT mentioned as a potential consequence of failing to conduct human rights due diligence?
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