Business
Human Rights Impact Assessment
Human Rights Impact Assessment.
About this update from Capital Metals Plc
[{"type":"text","content":"\n \nRNS Number : 7766V Equatorial Palm Oil plc 07 November 2017 \n\n7 November 2017\n \nEQUATORIAL PALM OIL plc\n(\"EPO\" or the \"Company\")\n \n \nEquatorial Palm Oil launches Human Rights Impact Assessment Process\n \nAssessing Potential Human Rights Impacts at EPO's Liberian Operations\n \n\nEquatorial Palm Oil plc, (AIM: PAL), the AIM listed palm oil development and production company with operations in Liberia, West Africa today publishes its inaugural report outlining its work on human rights. \n \nEPO is of the firm opinion that business can only flourish in societies in which human rights are respected, upheld and advanced. Companies have a responsibility to respect human rights as they conduct their business. To meet its responsibility, EPO has engaged in a human rights due diligence exercise to better understand where the Company's risks lie, so that it can better proactively address them. To this end, EPO has engaged business and human rights expert Anna Triponel to conduct a Human Rights Impact Assessment (\"HRIA\") as an initial step in its work implementing the UN Guiding Principles on Business and Human Rights (the \"Guiding Principles\").\n \nEPO is pleased to publicly release the Executive Summary of its HRIA report, which can be found at:\nhttp://www.epoil.co.uk/corporate-documents.aspx\n \nThrough this process, EPO identified the salient areas on which it should focus as a priority to ensure it respects human rights at its operations. The areas of high priority include contractor wages and employment status, accidents on the plantations, the impact of use of land on communities, employee housing conditions, the health and wellbeing of the Company's executives, and exercising the right to freedom of association. These are the impact areas that the Company is dedicating the most resources to addressing and strengthening through a range of actions. \n \nEPO, through its senior management in Liberia and its employees, is working to address the action points raised in the HRIA and to strengthen engagement with the Company's potentially impacted stakeholders. The Company is committed to the ongoing human rights due diligence process and to striving to adhere to best practice in respect of the Company's operations, which will continue and develop through the life o...