Rights CoLab is working with the Sustainability Accounting Standards Board (SASB) to develop and define a strengthened set of disclosure standards that investors can use to persuade companies to improve labor rights for both direct employees and workers in their supply chains. The project has two components: a data science project and an Independent Advisory Group. Our coalition of labor experts, data scientists, and SASB partners is focused on improving social disclosure standards that drive real gains in human rights.

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Under United States securities laws corporations must disclose material risks to their operations. Human rights issues, especially in authoritarian countries, rarely show up in the information that data providers offer to investors, in part due to the risks to those subject to these abuses. The result is a dearth of data on human rights materiality and the tendency of investors to overlook human rights risks of the companies that they finance.

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Big data with temporal dependence brings unique challenges in effective prediction and data analysis. The complex high-dimensional interactions between observations in such data brings unique challenges which standard off-the-shelf machine learning algorithms cannot handle. Even basic tasks of clustering, visualization and identification of recurring patterns are difficult.

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Under United States securities laws corporations must disclose material risks to their operations. Human rights issues, especially in authoritarian countries, rarely show up in the information that data providers offer to investors, in part due to the risks to those subject to these abuses. The result is a dearth of data on human rights materiality and the tendency of investors to overlook human rights risks of the companies that they finance.

Continue reading