Human rights and labor standards risks for companies and investors are increasing on a global scale, according to a new study from the risk analysis and mapping company Maplecroft.
The fifth annual Human Rights Risk Atlas (HRRA) found that nearly half (48 percent) of the 197 countries studied now pose ‘extreme’ or ‘high’ risks of corporate complicity in rights violations. All told, citizens in 95 countries are now exposed to human rights violations by states –that’s a 6 percent increase in countries posing ‘extreme’ or ‘high’ risks to business and investors since 2010.
What’s the reason behind the increase in human rights and labor standards risk? Maplecroft cites three main factors:
- the violent crackdown on protesters by security forces during the Arab Spring uprisings,
- an emerging set of resource scarcity challenges for business, linked to large scale ‘land grabs’ in developing countries by foreign investors, aimed at increasing food, water and energy security at home, and
- the global economic recession continued to challenge the rights of workers and has resulted in a trend for the trafficking of migrant workers for forced labor in countries such as Malaysia, Russia, South Africa and UAE.
Here is Maplecroft’s ranking of the ten countries where there’s the most extreme risk for human rights violations: (more…)