SDP Ranks First in Business and Human Rights Agenda in South East Asia
Our continuous commitment in advancing the business and human rights (BHR) agenda has resulted in Sime Darby Plantation being ranked first in the recent ‘Human Rights Disclosure in ASEAN’ – a study on 250 listed companies in the ASEAN region.
The study measured disclosure of top 50 market capitalised companies in ASEAN against the United Nations Guiding Principles on Business and Human Rights (UNGP) and the Global Reporting Initiative (GRI) Standards. Although Malaysia requires Environmental, Social & Governance (ESG) reporting as a listing rule, there are no clear guidelines on disclosure directives with regards to human rights. Despite this, SDP has risen to take on a leadership position, acting beyond compliance. We have shown great strides in our human rights commitments, due diligence efforts, risk management and overall corrective actions.
Congratulations to the Human Rights Task Force, led by Group Sustainability & Quality Management (GSQM) and Human Resources Department (GHR), for truly showing leadership in this area.
The study, a collaboration between the ASEAN CSR Network and the Institute of Human Rights
and Peace Studies of Mahidol University of Thailand, sought to establish a baseline understanding of human rights disclosure in the region by probing materials made available by the companies that are listed in the stock exchanges of Indonesia, Malaysia, the Philippines, Singapore and Thailand.
To read more about the study, please click here.