This research partnership with the Sustainability Accounting Standards Board (SASB) aims to develop and define a strengthened set of disclosure standards that investors can use to persuade companies to improve labor rights for both direct employees and those in supply chains. The project has two components: 1) a data science project, and 2) an Expert Group. The data science project — carried out with the Data for Good Scholars (DfG) Program of the Data Science Institute of Columbia University — uses natural language processing, machine learning, and other data science techniques to identify new relationships between labor-related human rights risks and financial materiality. The Expert Group provides subject matter expertise to the data project, and makes recommendations on how to incorporate relevant findings into revised SASB standards to benefit workers while reducing reputational and legal risks for companies.
The work is supported by the Moving the Market Initiative of Humanity United, the UBS Optimus Foundation, and the Freedom Fund.