Japan to include human rights reference in its corporate governance code
Reports in the Japanese press indicate “respect for human rights” will be linked with inspecting supply chains for abuses in the revised code.
Tokyo skyline at night. Image: ESB Professional/Shutterstock
Japan is set to become the next country to commit to human rights supply chain due diligence.
According to reports, a reference to human rights will be included in a revision of the country’s corporate governance code, indicating moves to bring Japan’s governance up to speed with developments in Europe.
It remains unclear how the wording will be formulated but reports in the Japanese press indicate it will link “respect for human rights” with inspecting supply chains for abuses.
A move in Japan would be a significant step for campaigners around the world attempting to ensure companies undertake examination of their supply cha
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
FRC is ‘working on a UK version of Sarbanes–Oxley’
One of the Kingman review's key recommendations for reforming audit was a version of US Sarbox rules, a proposal supported by many audit committee chairs.
-
Watchdog confirms call for new powers over company directors
FRC seeks powers to prosecute company directors and monitor governance reporting, and suggests expansion of remuneration committees' role.
-
‘A systemic risk’: investors demand greater ethnic diversity in boardrooms
State Street's CEO says ethnic diversity on boards is "material to long-term sustainable returns”. It's a reminder that businesses do not exist in a vacuum.
