Evaluates and improves governance, internal control and risk management processes
Benchmarks and monitors key risks in operations and key suppliers
Sustainability Risk Management Processes
Global Industrial Operations
HR Exec Team
Group External Affairs Committee
Monitors regulatory development across all regions and develops Group common positions
As we increase our understanding of how our business impacts human rights, we are putting the tools in place to mitigate and remedy them. This is an ongoing process where we have made important progress the last few years. The results build on the involvement and dialogue with internal and external stakeholders.
During 2016, we developed a methodology to identify and assess human rights impacts, aligned with the UNGP framework. The human rights impact assessment was piloted on a corporate level, resulting in a list over Electrolux salient human rights issues. In 2017, the methodology will be used to conduct local human rights assessments, directly integrating stakeholder perspectives and with a focus on high-risk locations.
As a result of the human rights impact assessment, Electrolux has reviewed the most salient human rights issues with respect to likelihood and severity of the potential harm to people. These entail six specific issues and three business processes, presented in the overview below and in more detail in the related sections.