Global Child Forum
February 2021
From autumn 2019 to autumn 2020, a research project with the aim of developing a better understanding of current business practices of children’s participation was undertaken.The project originated from the Global Child Forum Pledge, initiated at the Global Forum 2018. It was also a follow-on from the 2018 Roundtable on Children’s Participation.
The project was led by Tara Collins, Associate Professor at the School of Child and Youth Care (Ryerson University) and Kay Tisdall, Professor of Childhood Policy (University of Edinburgh) jointly. It resulted in a resource to introduce and explain principles, concepts and practical considerations, in order to fill gaps in understanding the practices of children’s participation in business.
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Respecting children’s rights is an inherent part of good business practice and risk management and should, therefore, have implications for a company’s financial results. Few investors would contest the sound logic of this statement. However, there is still little empirical evidence to directly connect a company’s profitability to how well it manages children’s rights. To help fill this knowledge gap, Global Child Forum, in cooperation with Boston Consulting Group, has conducted an analysis of the relationship between a company’s profitability and its score in the 2021 Children’s Rights Global Benchmark. The research looked at both EBITDA margin and Total Shareholder Return (TSR) for all 853 companies surveyed. Download the study to learn more about the results.
Vodafone’s purpose is to “connect for a better future” enabling an inclusive and sustainable digital society. Its know-how and scale – with over 315 million mobile customers in Europe and across Africa – gives it a unique opportunity to drive positive change for society. Vodafone’s networks connect family, friends, businesses and governments and play a vital role in keeping economies running, including critical sectors like education and healthcare. With such scale, Vodafone recognises not only the positive impacts on people’s rights from digital technology, but also the potential that its operations could impact human rights – including children’s rights, even though Vodafone’s services are not marketed to them. Based on this insight, the company has been working actively to strengthen children’s rights across their business in the several ways, elaborated in this case study:
As a global electronics company with more than 260 000 employees in 74 countries, one of the core values of Samsung is “People First”. Based on the firm belief that a company is only as good as its employees, and with an ambition to continue to be an attractive employer, the company has prioritised implementing a range of family-friendly policies promoting employee wellbeing and work-life balance. The case study was published together with the global benchmark; The State of Children’s Rights and Business 2021. Click here to get to the full report. Download the case study to learn more.
This playbook provides starting points for defining the different types of stereotyping that can have a harmful impact on a child’s well-being and development, with tools for business to create guidelines and strategies for ensuring diversity and inclusion in their creative content and products for children.
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Publisher
UNICEF
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Publisher
UNICEF
No. 4 in a series of company reflections for the Global Child Forum on the ways in which companies address children’s rights and child-related issues. The study showcases Wilmar’s path towards establishing more sustainable business practices and developing a better understanding of the need to integrate a children’s rights perspective across its operations and suppliers. Click here to read the State of Children’s Rights in Southeast Asia Benchmark 2020.
