Overview
The Shift Project
The Shift Project is the leading centre of expertise on the UN Guiding Principles on Business and Human Rights. It seeks to transform how business is done to ensure respect for people’s rights and dignity. Shift works directly with market actors, facilitates collaborative initiatives and produces research, tools and guidance to scale uptake of learnings.
Investors could improve both human well-being and returns if they understand, assess and manage human rights-related system-level risks to their portfolios. Their influence could help transform the way companies prioritise policies and practices that affect human rights and inequality in their operations and value chains.
This grant seeks to improve investors’ approach to human rights and well-being. With our funding Shift will expand its work on the availability of decision-useful and comparable social data. Through its ‘Social Sustainability Clinics’, training sessions, research and tools, Shift will support the availability of this data and improve investors’ capacity to identify, assess, and manage system-level social risks.
Shift co-leads the technical workstream of the Taskforce on Inequality and Social-related Financial Disclosures (TISFD) working group. A portion of the grant supported the working group that launched of the TISFD. The TISFD targets convergence in social reporting standards and data availability through stakeholder-informed, evidence-based research to develop a global financial disclosure framework for inequality and social-related issues that could feed into both ISSB and GRI standards.
Read more about Shift’s work on their website: shiftproject.org.