Human Rights in the Oil and Gas Trade in Switzerland - Risks and Mitigation Measures
Article from: OGEL 5 (2020), in Environmental, Social and Governance (ESG)
Abstract
Business & human rights ("BHR") is now more than a concept; it is a risk that companies must factor into their business and operation plans. This article aims to provide an overview of legal risks arising from human rights violations for companies operating in Switzerland in particular in the oil and gas sector and measures to be a step ahead and mitigate such risks. Adequate due diligence and compliance processes and contract drafting, in particular, go a long way in addressing these risks.