B0961 - ESG COMPLIANCE

Contenuti

1. Why ESG?

1.1. The history of ILO standards and human rights.

1.2. The raise of public concern over responsible conduct of business: introduction into ILO MNE Declaration, OECD Guidelines, UN Business and Human rights principles and Sustainable development goals.

2. UN Business and Human rights principles.

2.1. Understanding soft law approach

2.2. The obligations of business to respect human rights and to remedy the violation.

2.3. Alternative grievance mechanisms

3. OECD Guidelines for Multinational Enterprises on Responsible Business Conduct

3.1. Understanding the instrument.

3.2. OECD Due Diligence Guidance for Responsible Business Conduct.

3.3. OECD NCP.

4. What is understood under Environmental, Social and Governance factors?

4.1. "E" factor: Climate change, waste management and pollution prevention

4.2. "S" factor: Forced labour.

4.3. "S" factor: other fundamental labour standards.

4.4. "S" factor: does a wage matter?

4.5. "G" factor: Internal controls, board governance and business ethics.

5. What does sustainability reporting mean, what are the types of reporting?

5.1 Compulsory and voluntary reporting.

5.2. The EU Corporate Sustainability Reporting Directive (CSRD) and EU reporting standards.

5.3. The role of US Securities and Exchange Commission.

5.4. The engagement of international stock markets in the promotion of ESG compliance.

6. How to measure compliance? Who measures compliance?

6.1. The role of international consulting firms.

6.2. Voluntary systems of certification and promotion of ESG compliance: Fair Wear and Better Work examples.

Testi/Bibliografia

Henderson, Rebecca M. "Reimagining capitalism." Management and Business Review 1.1 (2021).

Alston, Philip. "‘Core labour standards’ and the transformation of the international labour rights regime." European Journal of International Law 15.3 (2004): 457-521.

Bernd Waas, The “S” in ESG and international labour standards, International Journal of Disclosure and Governance (2021) 18:403–410

Giner, Begoña, and Mercedes Luque-Vílchez. "A commentary on the “new” institutional actors in sustainability reporting standard-setting: a European perspective." Sustainability accounting, management and policy journal 13.6 (2022): 1284-1309.

Frey, Diane F. "Economic growth, full employment and decent work: The means and ends in SDG 8." The International Journal of Human Rights 21.8 (2017): 1164-1184.

Kott, Sandrine. "ILO: social justice in a global world? A history in tension." In The ILO@ 100, pp. 21-39. Brill Nijhoff, 2019.

Valticos, N. (1998). International labour standards and human rights: Approaching the year 2000. Int'l Lab. Rev., 137, 135.

Standing, Guy. "The ILO: An agency for globalization?." Development and change 39, no. 3 (2008): 355-384.

Sychenko, E. (2023). Labour Rights and International Labour Standards in the ESG Agenda. Italian Labour Law E-Journal, 16(1), 135–148. https://doi.org/10.6092/issn.1561-8048/15832

Lafarre A., Rombouts B., Towards Mandatory Human Rights Due Diligence: Assessing its Impact on Fundamental Labour Standards in Global Value Chains, in European Journal of Risk Regulation, 2022, 1-17

Servais, Jean-Michel. "International labour standards and corporate social responsibility." Confronting globalization (2005): 21-35.

Rusinova V., Korotkov S., Mandatory Corporate Human Rights Due Diligence Models: Shooting Blanks? in Russian Law Journal, 2021, 9(4), 33-71.

Metodi didattici

The course comprises 26 hours of lectures and 14 hours of practical classes. The students are involved in the class discussion during the lectures, practical classes will consist of group project work, participation in the debate and preparing the reports.

Modalità di verifica e valutazione dell'apprendimento

The final grade will be calculated in the following way:

• 70% - the evaluation of the written essay (maximum 20 points)
• 30% -  the evaluation of the results of group work (maximum 10 points).

Strumenti a supporto della didattica

PPT presentations, reading material,films and videos proposed in the watch list sent to the students before the lectures and practical classes.

Orario di ricevimento

Consulta il sito web di Elena Sychenko