11.07.2015 Views

investor's guide to commodities - PRI Signatory Extranet - Principles ...

investor's guide to commodities - PRI Signatory Extranet - Principles ...

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48 The Responsible Inves<strong>to</strong>r’s Guide <strong>to</strong> Commoditiesmanagement system for employeesand contrac<strong>to</strong>rs• Define and moni<strong>to</strong>r the implementationof standards for suppliersand contrac<strong>to</strong>rs, includinghuman rights issues and environmentalprotection• Define and moni<strong>to</strong>r the implementationof a policy explicitlyprohibiting the use of child andforced labour• Establish a training programfor employees with the goalof better implementing social,environmental, health and safetymeasures• Commit <strong>to</strong> using crops andanimal husbandry systems thatare suited <strong>to</strong> the specific region /climate• Avoid using new crops wherepotential negative impacts are notfully unders<strong>to</strong>od• Avoid investments in regionswhere compliance with local lawis difficult <strong>to</strong> enforce• Avoid land acquisition which resultsin involuntary resettlement,or has significant impacts on localcommunities, disadvantaged orvulnerable groups and uniquecultural systems and values, unlessappropriate decision-makingprocedures are followed• Work with local officials andother leaders <strong>to</strong> ensure communitysupport• Use consultants and audi<strong>to</strong>rs withlocal know-how• Where appropriate, supportmeasures aimed at improving thelivelihoods and health of localcommunities.

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