human rights

CalPERS, the New York State Common Retirement Fund and the New York City public pension funds have adopted dedicated labour principles policies for their portfolios and fund managers in the past year.

The pension has reduced the size of its re-ups, and in some cases not re-upped at all, on the basis over concerns about portfolio company labour practices, said private equity investment director Anton Orlich.

The Omidyar Network, investing the wealth of eBay founder Pierre Omidyar, is 'aggressively adversarial towards big tech', says Aniyia Williams, a principal on OM's responsible technology team.

Better availability of information and mandatory due diligence requirements will focus minds on human rights and supply chain risk this year, says PAI Partners' Esohe Denise Odaro.

Managers face a difficult task in managing impacts beyond their direct operations.

The PRI has released its private markets-focused guidance on human rights in due diligence.

Bebb is looking forward to working with the UN PRI's private equity group on issues such as human rights, and with its portfolio companies on employee engagement and diversity.

Without a specific private equity-focused template, firms have been largely 'feeling their own way,' when it comes to human rights due diligence.

The listed firm has added professionals in New York and Copenhagen.

With major EU regulations on the horizon, Ben Jackson asks if human rights will emerge as the next key ESG issue for private equity firms.