In relation to HRDD, the 2022 Report also found that only 25% of companies described how they engaged with affected stakeholders when identifying their human rights-related risks and impacts. The 2022 Report highlighted that 71% of companies scored zero on their approach to engaging with affected stakeholders on a regular basis. ![]() Companies need to translate their commitments to stakeholder engagement into meaningful action. ![]() Conversely, 70% of the companies that scored zero on HRDD did not have similar measures in place. Of the companies that improved their HRDD scores the most, 75% had board level responsibility for human rights and allocated resources for the day-to-day management of human rights within their operations and supply chains. In addition, the 2022 Report shows a strong positive correlation between companies’ scores on assigning board responsibility and allocating resources for addressing human rights-related issues, and overall HRDD scores. However, almost 50% of all companies assessed did not meet the requirements for the initial steps of the process, and the majority of those that improved their scores from zero only made incremental progress. The 2022 Report found that companies who improved their HRDD scores did so on the initial steps of a due diligence process, but not on tracking and communicating human rights-related actions.
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