Memorandum No. 4-2019: Sustainability Reporting Guidelines for Publicly Listed
Companies of the Philippine Securities and Exchange Commission;
Circular No. 1085, Series of 2020: Sustainable Finance Framework of the Bangko
Sentral ng Pilipinas;
Labor Law Compliance System of the Department of Labor and Employment;
Employer Delinquency Monitoring Department under the Warrants of Distraint, Levy,
and Garnish Program of the Social Security System;
Environmental Compliance Monitoring and Impact Monitoring Report of the
Department of Environment and Natural Resources;
Monitoring provisions under Executive Order 79 or the Institutionalizing and
Implementing Reforms in the Philippine Mining Sector, providing Policies and
Guidelines to Ensure Environmental Protection and Responsible Mining in the
Utilization of Mineral Resources; and the
Mining Act (R.A. 7942) obliging mining companies to allocate funds for the multipartite monitoring committee and corporate social responsibility programs.
5.2. Corporate reporting
Corporate reporting on human rights performance is a
crucial part of human rights due diligence. It will help
record, analyze, and install corrective actions in a
company. It requires full transparency and human rights
disclosure from the businesses and should integrate a
differentiated approach to take into account the diverse
needs of and the disproportionate impacts on women,
children, indigenous peoples, and other vulnerable groups.
Corporations can integrate their human rights
performance report in their annual reports, sustainability
reports, CSR reports, or human rights reports based on
stakeholders' interests. Recently, this has been asked by
communities, governments, and investors. In reporting
human rights performance, it is recommended to highlight
the salient issues, or issues where people are at risk of the
most severe negative impacts through business activities
or relationships. The focus of the report is on the "risk to
people"—not to business—because when a company is at
risk from people issues, it will hurt business sustainability.
Tools for Human Rights Monitoring
& Reporting
Manual on Human Rights
Monitoring, UN OHCHR: Manual
providing
conceptual
and
methodological framework to guide
human rights monitoring process
UNGP Reporting Framework,
Shift & Mazars LLP: Put forward
seven reporting principles that could
outline and assess a company’s
approach to implementing the UNGP
Framework
Global Reporting Initiative,
OECD, ISO, UN Environment
Programme, UN Global Compact:
Identified three indicators to assess
the effectiveness of due diligence
measures of corporations
Women’s
Empowerment
Principle No. 7 – Measurement and
Reporting, UN Women and UN
Global Compact
5.3. Alternative reporting by the CSOs
Like many others, CSOs can document, monitor, and report cases of business impacts on
human rights. For example, a non-governmental organization working with affected
communities can initiate their own documentation activities while paralegal and legal advice
organizations can provide free legal support and representation for affected individuals and
communities. CSO reporting is useful for generating a second alternative opinion and nonbusiness or non-governmental source of information. It can increase transparency and
accountability, enhance monitoring and evaluation tools, and improve the compliance of
relevant stakeholders with laws and standards. It can also foster meaningful dialogue and
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