Volume XII, December 2014
Indonesia Business Council for Sustainable Development CEO Column Responsible Operations in Indah Kiat and Tjiwi Kimia Pulp & Paper under APP - Suhendra Wiriadinata, Director of PT. Tjiwi Kimia Pulp & Paper APP embarked on a new phase of its sustainability journey with the launch of its Sustainability Roadmap: Vision 2020 in June 2012. This was followed by its Forest Conservation Policy in February 2013. Both milestones provide the baseline for various sustainability initiatives within our operations, making our goals more tangible, structured and transparent. Social aspects have always been an important part of our operations. We aspire to the highest level of corporate responsibility, and our Sustainability Roadmap: Vision 2020 addresses just that. One of the most important aspects within our commitment is to ensure that APP and its suppliers’ operations are in line with national and international standards for human rights. In June 2011, the United Nations Human Rights Council endorsed the UN Guiding Principles on Business and Human Rights. The company embraces the principles within the guidelines and embeds them within our daily operations. We started this process by mapping out areas where human rights practices are most important within our operations and developing the action plans required to ensure we are meeting the necessary standard. To ensure continuous improvement, with the support of our NGO partner, The Forest Trust (TFT), we developed a scorecard system, an internal audit mechanism where all aspects of sustainability are listed, audited, and scored regularly to monitor our operations’ compliance. We use this tool to identify actions required to continuously improve. Human rights elements are included within the system, with the UN Guideline on Business and Human Rights principles as one of the reference points, along with relevant national regulations and various certification standards and best practices. The pilot of the system is scheduled for completion this year, and will be fully utilized by 2015. One of the most important expansions of our social policy is the adoption of the principle of Free,
Prior and Informed Consent (FPIC). ‘Free, prior and informed consent’ means that a community has the right to give or withhold its consent to projects that may affect the lands they legally or customarily own, occupy or use. It is now a key principle in international law relating to indigenous peoples and has particular relevance to forest peoples. We are currently implementing FPIC principles in relation to the company's planned new mill in South Sumatra and lessons learned from this first project will be used for future implementation. With the support of TFT, we have also improved the conflict management strategy across our wood supply chain, to ensure the responsible handling of complaints and responsible resolutions of conflicts. All of our initiatives are regularly communicated to relevant stakeholders and more information on these initiatives can be accessed through our monitoring dashboard, through www.asiapulppaper.com. The TFT and APP team is currently also strengthening a training framework and its implementation for APP staff. This will ensure that best management practices are being internalized across APP’s management. Continuously improving the way we interact with our employees and the communities reflects the ethical approach of our company. At the heart of our business lies the belief that earning the respect and loyalty of the people our business affects the most, will ensure we remain profitable and sustainable in the long term.
From Editor in Chief Tiur Rumondang Dear Readers, At the end of 2014, we are pleased to bring you the 12th IBCSD Newsletter, December 2014 edition with appealing topic of Human Rights. In this edition, the Director of PT. Tjiwi Kimia Pulp & Paper shares the implementation of human rights value within its business operation. The CEO of Moores Rowland Indonesia also share his contribution in empowering human rights implementation in business sector. For the first time, the Newsletter provide a policy memo. The edition also exposes some programs and activities of IBCSD and its member.
* the write is the Director of Tjiwi Kimia Pulp & Paper, one of IBCSD members
IBCSD WELCOMES NEW MEMBER PT. WILMAR NABATI INDONESIA PT. Wilmar Nabati Indonesia is subsidiary of Wilmar International Limited (the parent company), an Asia‘s leading agribusiness group , the largest global processor and merchandiser of palm oil and lauric oils, a major oil palm plantation owner and the largest palm biodiesel manufacture in the world. Wilmar Group offers refining services for edible oils. In Indonesia, Wilmar is based in Medan. As part of sustainability strategy, the company has established a supply chain management system integrated with the implementation of quality management system at ISO 9001:2008 that has been certified by independent certification bodies.
Event
Workshop on Sustainable & Productive Palm Oil Sector Jakarta, 13 November 2014 Indonesia Business Council for Sustainable Development (IBCSD), Kadin Indonesia, REDD+ and The Consumer Goods Forum (CGF) held the workshop on Sustainable and Productive Palm Oil Sector aiming to profoundly grasp the palm oil sector; in both the supply and demand side, who are the key actors, what the existing policy are and what is the potential action to take in improving the situation through the supply chain. “Government of Indonesia needs to concentrate on strategic steps to achieve sustainable and productive palm oil supply chain: bringing transparency to the production, certification and licensing process; ensuring solid legal framework and enforcement; mapping and enhancing capacity of smallholders and also exploring potential for intensification on production and land swaps.” said Heru Prasetyo, Head of REDD+ Management Agency. “All of these efforts will only be possible through collaboration among key stakeholders to ensure legal, ethical and sustainable practices while in parallel identifying opportunities for benefits throughout the supply chain.” practices
The workshop also showed best and had explore existing
initiatives on enhancing sustainability and productivity of palm oil sector throughout its supply chain, including through sustainability principle and procurement / sourcing policy. Joko Supriyono, the Secretary General of the Palm Oil Producers Association (GAPKI), said “since palm oil sector is noted as one of Indonesia’s strategic commodity, continuing palm oil development is important in an effort to reduce poverty and unemployment in Indonesia. The forum discusses the palm oil policy to know further its obstacle and opportunities”. Complementary to the discussion, the workshop presented several companies in Indonesia, CSO, and related associations to share their programs and insight on palm oil in Indonesia. “This forum is the firm ground in implementing the existing agenda and developing the future of sustainable palm
oil. The dialogue shows that business players put concern on sustainable palm oil” Shinta W. Kamdani, President of IBCSD, said. The same thing said by with Sabine Ritter, the Executive Vice President of The Consumer Goods Forum “Our members are committed to achieving zeronet deforestation by 2020, and the CGF is delighted to be here today because we understand that the sourcing of sustainable palm oil is key to realizing that goal. We also understand that if we are to achieve it, we need continued collaboration with Indonesian businesses and other partners along the value chain."
2nd Sustainable Business Dialogue on CSR On November 19th, Business Council for Sustainable Development (IBCSD), KADIN Indonesia, the Ministry of Environment and Forestry of the Republic of Indonesia with cooperation with German Technical Cooperation (GIZ) held the 2nd Sustainable Business Dialogue cover the topic on “Corporate Social Responsibility as Bridge to Sustainable Business”.. The Dialogue aims to explore the advantages of sustainability practices within business operations as well as opportunities from Corporate Social Responsibility (CSR). “Through this event, IBCSD creates a
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room for dialogue among private sectors to share the emergent effort in sustaining their businesses. Private sector should develop CSR as part of the corporate strategy” Shinta W. Kamdani, President of IBCSD, said. The Dialogue held in Jakarta that was participated by around 150 participants which mostly come from top Indonesian and international business representatives. The Dialogue covered 4 issues on the breakout sessions; CSR Internationally and Best Practices; Social Entrepreneurship; Doing Business in Our Changing Climate;
and Connecting Community with Business. Ulrich Mohr, GIZ Country Director for Indonesia and Timor Leste, said, “Germany fully supports the initiative from Indonesian government and business sectors to utilize CSR as an important building block for sustainable corporate culture in Indonesia which also contributes to the Indonesian Government’s greenhouse gases emission reduction targets.” On the implementation, many enabling factor may influence the success of CSR; law enforcement, dispute resolution mechanism, level of expertise of implementing parties, the support from community, and how does it relate to the business plan.
Volume XII, December 2014
Event
Conference on Advancing Human Rights Value on Business Practice
Southeast Asian nations have recognized the validity of the United Nation Guiding Principles (UNGPs) for Business and Human Rights. The UNGPs are based on three pillars which are: Respect for, Protect human rights, and provisions of Remedy for human rights violations through non-judicial and judicial means. Civil society organizations have started discussing issues related to business and human rights. They are debating on how to discuss this with their governments and businesses that have been held accountable for human rights violations. Some organizations are debating on the ethical issue of sitting down and collaborating with corporations on the issue.
During the 3rd CSR Summit in Hongkong in 16-17 October this year, companies are implementing their own internal and social audits, stakeholder dialogues and implementing measures to avoid and minimize reputational risks. There are different understandings and appreciations of business and human rights and its intents. There is a need for the business community and civil society organizations to continue the discussions and come up with a common appreciation of the intents of the UNGPs. Indonesia Business Council for Sustainable Development (IBCSD) and ICCO are keen promoting how human rights are relevant to the economic, social and environmental aspects of corporate activity through the Conference on Business and Human Rights that was held on 10 December 2014. The Conference aimed to promote the business and human rights evolvement in Indonesia, facilitate the development of mutual trust and understanding business sector and CSOs, to invite an active engagement that would intensify discussions on the UNGPs and its mechanism for new space of human right fulfillment by economic and social program development, and to introduce the formation of a Tri-sectoral formation of Forum on Business and Human Rights for the Southeast Asia Region as how ICCO scoping its services in Indonesia, Philippines, Vietnam, Cambodia and Myanmar. The Conference invited companies, Civil Society Organization (CSO), and academician to present and discuss their insight on human rights on business.
Conference on Towards Deforestation Free Palm Oil in Indonesia Jakarta, December 12th—Palm oil issue has been drawing many attention especially since the four large palm oil companies – Asian Agri, Cargill, Golden Agri Resources and Wilmar – signed the Indonesia Palm Oil Pledge (IPOP) committing themselves to responsible palm oil production that is deforestation-free and respect human and community rights, at the 2014 Climate Change Summit in New York. As the continuation of the preliminary workshop to explore necessary priorities required by the palm oil industry toward sustainable and productive palm oil sector of Indonesia that was held on 13 November 2014, Indonesia Business Council for Sustainable Development (IBCSD), the Indonesia Chamber of Commerce (Kadin Indonesia), and German Embassy co-hosted
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the Palm Oil Conference “Towards Deforestation Free Palm Oil in Indonesia: Implementation Challenges on High Carbon Stock & High Conservation Value’’. The event was held on 12 December 2014 in Jakarta. Aiming to have an overview on existing gap towards regulatory framework that is necessary for deforestation-free in Indonesia and to formulate the implementation of the deforestation-free commitment on the ground, it invited key ministries, Indonesia Palm Oil Pledge (IPOP) signatories and suppliers companies, palm oil producer and consumer companies, CSOs, and related associations.
Volume XII, December 2014
Event
IBCSD End of Year Press Conference
Jakarta, December 10th - in conjunction to the Conference oh Human Rights and Business, IBCSD invited all its member companies to participate the End of Year Conference with the theme on Human Rights. Marzuki Usman and Kees the Ruiters—the Regional Manager of South East Asia and Pacific of ICCO Cooperation—were also present on the conference. Marzuki Usman said that business and human rights issue has become a global concern that local business needs to respond. James Kallman, the CEO of Moores Rowland stated that business people need to understand and occupy thoughts to human rights issue of their workers. On that occasion, Kees de Ruiters explained that Civil Society Organizations (CSO) and business sector needs one another to reach their objectives. The Press Conference was participated by nationwide media as well as the international correspondence.
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Volume XII, December 2014
Member Activity
Roundtable Discussion on Sustainable Agriculture Landscape Partnership world population will reach 9.1 billion people, and in order to feed this much larger population food production must increase by 70%, as the current trend of increased urbanization means reduced supply of farm labor, this may present major risks in food security for the long term which requires changing action. This means that in order to become sustainable, it must protect its natural capital while improving the quality of life in rural areas. Ketut Sarjana Putra, the VP of Conservation International Indonesia, stated that healthy ecosystem and good biodiversity is the sustaining factor of food Jakarta, 3rd October—In promoting production of which we must make this as a sustainable intensive agriculture, IBCSD new approach in practicing sustainable together with Conservation International and agriculture. He also reminded the close Monsanto had initiated a Round Table interconnection between agriculture and the Discussion for sharing sustainable agriculture environment. Therefore we must produce practices. Opening the round table discussion our food sustainably by conserving nature. as the President of IBCSD, Shinta W. Kamdani In elaborating Monsanto’ approach to stated that according to FAO, by 2050 the address global challenges, Gabriela Burian -
the director of sustainable agriculture ecosystem in Monsanto - focuses on food security and environmental security. Monsanto has the goal to produce more in the same area of land, while using a third less of natural resources by 2030 and business are part of the solution by creating new credible jobs and partnerships with other businesses and civil societies. Realizing the importance of creating partnerships in order to progress, Monsanto had partnered up with Conservation International to achieve this goal. Arif Daryanto, the program director of post graduate study management and business program in Bogor Agriculutural University (IPB) discussed about the challenges and opportunities of food security in Indonesia. According to the Food Security Index, Indonesia was ranked 5th food security in ASEAN. He also agreed with Gabriela that we have to produce more while conserving more, which means more added value and have less input. He showed that the government regulations in this matter is reflecting the spirit of achieving food sovereignty and food security.
Understanding and Implementing Respect for Human Rights in a Business context On November 6th, Moores Rowland—AJA, the member of IBCSD- as part of Praxity Member, Kadin Indonesia, Human Rights Resource Center, and Global Business Initiative on Human Rights held a conference on Understanding and Implementing Respect for Human Rights in a Business Context. The Conference discusses strategic issues on business and human rights in Indonesia. Human right is considered as the solution to create a healthy society and sustainable business. It discussed the issue from global to local context, showing UN Guiding Principles on Business and Human Rights and internal guidance on business operation of a company. The human rights issue has improved from time to time. Felia Salim from PT. BNI— one of IBCSD member– explained that people or company employee was for a long time considered as human resources, which now improves by reflecting this group as human capital. As continuous improvement in Page 5
viewing people, now we imbed employement as part of human dignity which not only providing income, but also admiration to a person. The conference also highlighted various tools for embedding respect for human right, the issue within Indonesia and ASEAN, and shared best practices and innovations. Bringing the issue to business leaders in Indonesia, it is expected can influence the economic growth of Indonesia and prosperity of its people.
Volume XII, December 2014
Program
Focus Group Discussion on Indonesia Vision 2050 IBCSD is preparing the Indonesia Vision 2050, a back casting exercise which represent vital development agenda of Indonesia private sector. The research is to help Indonesia stakeholders, ensuring the readiness of business players toward national and global future challenges. Ultimately, the process of this project will provide a springboard dialogue and debate among Indonesia business players and key economic sector. As the first stage, on late of October, IBCSD held the 3 Focus Group Discussion (FGD) back to back with CSO, media, academics, government, and private sector covering the 10 elements; forest, tourism and cultural diversity, human development, economy, agriculture, infrastructure, transport and connectivity, marine, energy and power, and resource efficiency. The FGD showed data as Indonesia trend from 10 elements, focusing on demography, economy, environment, and energy. The FGDs asked for input and comment from participant to the data presented as the result of research conducted by IBCSD together with Penabulu Foundation as the partner. The finding will be the basic for further research and to generate final document that can be influential as advocacy document for business sector.
Fig 1. FGD with CSO, academics, and media
Fig 2. FGD with government
Fig 3. FGD with private sector
Business Ecosystems Training (BET) In 11-12 December in Jakarta, IBCSD, GIZ Paklim, and Ministry of Environment and Forestry will provide training for business sector on ecosystem. Mainstreaming ecosystem and ecosystem services to business activities is necessary to address the limitation of carrying capacity of the earth. However how it links to business is remain unrevealed and is still a new thing to many corporations in Indonesia and in the world. Business Ecosystems Training (BET) is a capacity building program to provide and improve awareness of business sector on ecosystem and ecosystem services. The training aiming to give knowledge and skill to measure and manage the impact of the business activity to ecosystem through a better approach. The training also provide knowledge for business to have capability to develop risk mitigation on the impact and dependency of business to the ecosystem services. The training module is developed by WBCSD, with support from international organization such as IUCN, United Nation, and academic. For Indonesia, the module is localized with local content and enriched with best practices from IBCSD members and partners.
Volume XII, December 2014
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WBCSD Column
Operationalizing the UN Principles on Business & Human Rights Human rights is part of the WBCSD Social Impact clusters. As the program, operationalizing the UN Guiding Principles on Business & Human Rights (“Ruggie Principles”) by putting in place the policies, due diligence and remediation processes to address human rights impacts. The aim is to considerably increase the number of WBCSD member companies knowing and showing that they are respecting human rights by identifying key barriers to implementation of company policies and solutions to overcome them. The UN Human Rights Council endorsed the Guiding Principles on Business and Human Rights in 2011, providing an authoritative global standard for preventing and addressing adverse human rights impacts linked to business activities. The Principles state that, while the state always has the primary duty to protect human rights, companies have a responsibility to respect human rights which requires that they: Avoid causing or contributing to adverse human rights impacts through their own activities and address such impacts when they occur. Seek to prevent or mitigate adverse human rights impacts that are directly linked to their operations, products or services by their business relationships, even if they have not contributed to those impacts. THE BUSINESS CASE It’s a risk management strategy. Businesses that understand human rights impacts up and down their company and supply chain are better able to manage and mitigate operational and reputational risks related to human rights.
competitive advantage by implementing human rights policies and due diligence methods ahead of regulation. REQUIREMENTS & STANDARDS Requirements The Principles clearly outline the following requirements, which enable companies to “know and show” that they are respecting human rights: A policy commitment to meet their responsibility to respect human rights. A human rights due-diligence process to identify, prevent, mitigate and account for how they address their impacts on human rights. Processes to enable the remediation of any adverse human rights impacts they cause or to which they contribute. Standards The UN Guiding Principles on Business and Human Rights are now reflected in: OECD Guidelines for Multinational Enterprises. ISO 26000 Social Responsibility Standard. IFC Performance Standards. EU Commission request for national implementation plans. UK Governments Action Plan and changes to the Corporate Act.
Source: WBCSD Website http:// action2020.org/business-solutions/ operationalize-the-un-guiding-principles-on -business-and-human
It’s cheaper to prevent than to cure. Proper management of human rights minimizes the costs incurred by businesses when adverse human rights impacts occur, including operational disruptions, litigation and lost opportunities. These potential costs outweigh the expenses of implementing human rights policies and monitoring mechanisms. It levels the playing field. Tackling human rights issues at scale improves operations in high-risk areas, reinforces the license to operate and provides the foundation for a stronger, more efficient business environment. It reinforces corporate values. Demonstrating company commitment to respecting human rights leads to better engagement with stakeholders, from investors and regulators, to employees, civil society and communities. It’s a competitive advantage. Companies gain Page 7
Volume XII, December 2014
IBCSD Policy Memo
Business Support for Women Rights to Family; Link to the Corporate Performance People are a company’s asset. Although the popular aphorism is debatable since no evidence can support. Mc Kinsey research (Women Matter: An Asian Perspective Harnessing female talent to Raise Corporate Performance, 2011) shows that there is a link between the proportion of women in senior management positions and corporate performance. Regardless to the gender issue, in 2011, Indonesia has higher female labour participation rates than Hongkong, Taiwan, Malaysia and India, but less than Japan, Singapore, and South Korea. In 2011, Indonesia is the top 3rd rank from the 10 countries mentioned before for its representation on mid to senior management. Looking at its representation and its influence for the company performance, it is necessary to understand the human rights principles for women at the working place to retain them, especially those, the high performing woman. Based on the survey, the greatest difficulties woman face in moving in to senior roles was the double burden of many working women in Asia: holding down a job while looking after their families – particularly in cultures in which women are expected to take sole responsibility for family and household duties. Although it also happens in Europe, it is heavier for Asian women – not only because cultural norms are different, but also because there is a lack of government support in areas such as breastfeeding facilities and child care. Indonesia’s Supporting Policy for Working Mother In supporting role of working woman to their family, government of Indonesia in Article 83 of Law No. 13 2003 on Indonesia Manpower Law, regulate the breastfeeding matter. “Companies are under an obligation to provide proper opportunities to female workers/ labourers whose babies still need breastfeeding to breast-feed their babies if that must be performed during working hours.”’ Female workers/labourers are to be provided with an opportunity to breastfeed and companies are obliged to provide welfare services, which may include a nursery. Article 13 of the Law stated that female workers/labourers are entitled to maternity leave (Art. 153). The duration is a period of 3 months, with the possibility of extension if required for medical reasons. For the non-discrimination and employment security for woman, the Act stated that ‘’The employer is prohibited from terminating the employment of a worker when she is absent from work because she is pregnant, giving birth, having a miscarriage, or breastfeeding her baby, or because of the worker’s sex or marital status (among other things). Any termination of employment that takes place for these reasons shall be declared null and void by law, and the company shall then be obliged to reemploy the affected worker/labourer”’. (Art. 1(5), 153) The government recognizes the role of woman in raising child and tries to facilitate the need. However, the implementation on the ground is needed since rarely the case of this particular violation comes to the surface or in the court.
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The United Nations Committee on the Elimination of Discrimination against Women (CEDAW) The Convention stated on Art.16 that states ‘’Parties shall take all appropriate measures to eliminate discrimination against women in all matters relating to marriage and family relations and in particular shall ensure, on a basis of equality of men and women. ‘’ Indonesia has made reservation for the Convention 30 years ago, and the commitment shall be implemented in national law. Law harmonization is necessary such as the revision on the Marriage Law, Indonesian Civil Code of Conduct, and Indonesian Criminal Law. Parental Leave in Comparison with Other Countries The Danish Parental leave system is among the most generous and flexible in the EU with a total of 52 weeks (one year) of leave containing maternity, paternity and parental. Parents have the right to a total of 52 weeks leave with maternity subsistence allowance. The mother is entitled to four weeks' maternity leave (barselsorloven) prior to giving birth and 14 weeks after; the father is entitled to two weeks' leave after the birth; and the remaining time can be divided according to individual wishes. In Asia, Vietnam has the highest tolerance on Matternal Leave. In June 2012 Viet Nam started to extend maternity leave to six months, based on the survey conducted by UNICEF’s partner in Viet Nam, Alive & Thrive, Vietnamese, that mothers indicated that going back to work is one of the main reasons they abandon exclusive breastfeeding. Implementation of Human Rights principles for Working Mother It needs support from management to identify the improvement in supporting working mother through some mechanism and approaches. One of the possible mechanisms is providing breastfeeding room and child care services and facilities. Many benefits the company can take from reconciling work and family life for women worker. It shows company’s value in respecting basic human rights and benefiting company by retaining the potential high performing woman.
References: 1 Women Matter 2010, “Women at the top of corporations: Making it happen,” www.mckinsey.com/locations/paris/home/womenmatter.asp 2. Denmark: Combining work and family life successfully. EU Website. http://europa.eu/epic/countries/denmark/index_en.htm
Volume XII, December 2014
Best Practice
Demystifying Human Rights in Business — James Kallman Pressure drives change, and it was the pressures The Ministry of Industry in Indonesia is well aware of created by globalization that ultimately led to the the need to support corporate engagement with new development of the United Nations Guiding Principles on initiatives on business and human rights and has recently Business and Human Rights, which were unanimously signed a Memorandum of Understanding with FIHRRST to endorsed by the United Nations Human Rights Council on 6 develop a standard relevant to the needs of companies in June 2011. Indonesia. Development of the standard is only the first step, For the first time, principles were laid however, for businesses need to be made down that defined the roles and responsibilities aware of their responsibilities and trained on of both the state and business in ensuring human imbedding the standard across their rights are respected in business, as well as the operations. It is only after an entity has “… while these provision of remedy for any case of nonimplemented the standard that assurance can compliance. Yet while these aspirational aspirational principles be carried out. principles have been welcomed by governments, To meet this commitment, FIHRRST have been welcomed by businesses and other stakeholders alike, they has signed a further Memorandum of governments, pose their own questions, particularly of Understanding with MRI and AJA Sertifikasi business. What constitutes acting with due businesses and other Indonesia, a pair of Praxity firms, to help diligence, and how can this be publicly demystify human rights in business and assist stakeholders alike, demonstrated? Indonesian companies in taking those initial This is what Moores Rowland Indonesia they pose their own steps on their own human rights journeys. (MRI) has been trying to address, initially with its From my own business and human award-winning MIHRSC indicators, which have questions, particularly rights journeys around the world, often in the since been further upgraded and developed in company of such luminaries as Marzuki of business.”’ the light of experience with the introduction of Darusman and Makarim Wibosono, I’ve the Business and Human Rights International reached the conclusion that Indonesia may be Standard for Certification (BHRISC 2011). Held by further along than many in regard to the Foundation for International Human Rights government and corporate action and that Reporting Standards (FIHRRST), an international not-for- business and human rights is compatible with the culture of profit organization headquartered in Brussels, BHRISC 2011 gotong royong. takes a holistic approach in assessing human rights aspects embedded throughout the endeavours of a business. The BHRISC 2011 approach covers human rights aspects of business activities that include human rights * The writer is the CEO of Moores Rowland, one of management system, human rights impacts on the workers IBCSD members of both the enterprise and its supply chain, impacts on local communities and the general public, impacts related to products and services, and impacts related to security. Moreover, it does so in a manner that is familiar to the corporate world, for it provides businesses with a reliable, verifiable and objective means of providing information that is both consistent and comparable.
Volume XII, December 2014
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Investment for Sustainable Future About IBCSD The Indonesian Business Council for Sustainable Development (IBCSD) is a CEO-led associations of companies operating in Indonesia, who share a commitment to promote sustainable economic growth, ecological balance and social progress. To learn more about IBCSD membership, please contact: info@ibcsd.or.id
Follow us on Twitter: @IBCSD2011 Facebook: IBCSD Indonesia Business Council for Sustainable Development (IBCSD) Menara Duta Building, 6th Floor Wing B Jl. HR. Rasuna Said Kav. B-9 Jakarta 12910 T: +62 21 5290 1941-42 F: +62 21 5290 1949
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