Despite the ongoing legal challenge led by industry trade associations, the majority of the rule remains intact, and is making a difference.
Together with sustainable and responsible investors from Boston Common, Calvert, and Trillium, Responsible Sourcing Network penned an op-ed for Responsible-Investor magazine. In it we highlight the need to educate readers about the efficacy of the Dodd-Frank 1502 rule despite the measure of uncertainty created by a legal challenge to the rule.
The op-ed addresses how companies are currently complying with the law by implementing due diligence and reporting to the SEC, the precedent that the legislation is setting for mandatory disclosures related to human rights concerns, and the positive impact the law is having in the DRC and the Great Lakes Region of Central Africa.
- Lauren Compere | Managing Director| Boston Common Asset Management
- Susan Baker |Vice President, Shareholder Advocacy |Trillium Asset Management LLC
- Bennett Freeman | Senior Vice President of Sustainability Research and Policy| Calvert Investments
- Patricia Jurewicz | Director | Responsible Sourcing Network