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Status of Human Rights Performance of Finnish Companies (SIHTI) Project : Report on the status of human rights performance in Finnish companies

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Status of Human Rights Performance of Finnish Companies (SIHTI) Project : Report on the status of human rights performance in Finnish companies

The main objective of the Status of Human Rights Performance of Finnish Companies (SIHTI) project was to obtain a comprehensive and in-depth overview of how Finnish companies are fulfilling their human rights responsibility, i.e., how they have implemented the expectations set in the UN Guiding Principles on Business and Human Rights (UNGPs). The methodology developed by Corporate Human Rights Benchmark (CHRB) was used to assess the companies' human rights performance.

The study included 78 Finnish companies, of which 29 were assessed using CHRB's comprehensive industry-specific methodology, and 49 using the Core UNGP Indicators methodology. During the project, 20 company representatives were also interviewed about challenges companies face in disclosing information related to human rights responsibility.

The results of the study show that although Finnish companies are, at least on a general level, quite widely committed to respecting human rights, the practical integration of human rights responsibility and related monitoring into the core activities of companies, is still largely at an early stage. Finnish companies also publish relatively little information related to their human rights responsibilities. However, the status of the human rights performance of Finnish companies is approximately on the same level as the results of CHRB's global assessments.

The study shows that the Core UNGP Indicators developed by CHRB would be well suited for regular monitoring of the human rights performance of Finnish companies, as the indicators can be widely used to assess companies of different sizes and from different industries and they focus on the key aspects of the UN Guiding Principles.

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