| Issue Number : 5264

Govt. Rolls Out New Business and Human Rights Risk Assessment Platform: Businesses Urged to Complete Twice-Yearly Self-Assessments

In 2023, the Indonesian Government issued Regulation of the President No. 60 of 2023 (“Regulation 60/2023”) on the National Strategy for Business and Human Rights (Bisnis dan Hak Asasi Manusia - “BHAM”). In addition to being a reference for use by relevant stakeholders in order to enforce and protect various aspects pertaining to human rights during business activities,[1] it is also hoped that the National Strategy for BHAM will encourage businesses across the nation to proactively incorporate human rights into their operations, including through the establishment of a dedicated policies, as well as through processes of due diligence that aim to prevent and mitigate risks associated with human rights violations.[2]

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In 2023, the Indonesian Government issued Regulation of the President No. 60 of 2023 (“Regulation 60/2023”) on the National Strategy for Business and Human Rights (Bisnis dan Hak Asasi Manusia - “BHAM”). In addition to being a reference for use by relevant stakeholders in order to enforce and protect various aspects pertaining to human rights during business activities,[1] it is also hoped that the National Strategy for BHAM will encourage businesses across the nation to proactively incorporate human rights into their operations, including through the establishment of a dedicated policies, as well as through processes of due diligence that aim to prevent and mitigate risks associated with human rights violations.[2]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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