![]() ![]() PS: Ok, so far from resolved and only getting more complex. ![]() When water sources are contaminated, when forests disappear, when fish stocks are depleted, and when temperatures rise, the human rights to health, to a decent standard of living, to housing, to one’s own culture, to be free from discrimination and in many cases to life, to name a few, are all compromised. Quite apart from the fact that the right to a clean, healthy and sustainable environment is a recognised human right in itself, damaging the environment results in adverse human rights impacts every time. PS: Could you unpack climate change a little more, and the link between it and human rights abuses? But people movements against abuses of power and the resulting intersecting forms of exclusion are also on the rise and are not going away any time soon. In the midst of all that, human rights around the world are under attack, injustice is on the rise, lives are at risk, and entire communities and cultures face threats to their existence. But people movements against abuses of power and the resulting intersecting forms of exclusion are also on the rise and are not going away any time soon.” “In the midst of all that, human rights around the world are under attack, injustice is on the rise, lives are at risk, and entire communities and cultures face threats to their existence. And the power of multinational corporations continues to grow, in many cases surpassing that of the states in which they operate. At an inter-state level we are seeing increasing levels of conflict and a shift of power to the East. Strongman leadership fosters division, discrimination and oppression of minorities and vulnerable groups and individuals. Developments in digital and biological technology are bringing new possibilities to the way we live, but the technology is often deployed to subvert civil and political freedoms. Globalisation has generated unprecedented wealth but also growing inequality within and between states, including endemic poverty in parts of the world. Climate change is already impacting individuals and communities everywhere, affecting the most disadvantaged people disproportionately. We operate in a world of increasing complexity and the challenges to human rights are substantial, including some that are existential for humanity. You’d think we’d gotten there already, but what’s the state of play? You can read more about our approach to ESG data here.PS: Human Rights. ESG data is a core tool we use during the investment period to drive value – we track ESG key performance indicators (KPIs) across our investments for issues which are systemically important (such as diversity of boards and management teams), and several of our larger funds also track bespoke, material ESG KPIs for each controlled portfolio company. Our goal is to provide distinct resources that allow portfolio companies to develop ESG and impact approaches beyond what they may have otherwise: capital injections to upgrade equipment and advance R&D, support from our dedicated internal ESG professionals, connections to leading experts in ESG issues in their sector, institutional knowledge of best practices and reporting, and the leverage of other firm resources including cross-portfolio collaboration between our companies. We support portfolio companies to both evaluate ESG issues related to their businesses and develop their own internal capacity to manage these issues and opportunities, if not already in place. Once we own a particular portfolio company or asset, we monitor material ESG issues and assess opportunities to generate value from ESG initiatives and growth markets.
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