Enhancing Corporate Responsibility: The Importance of Human Rights Compliance Systems and the Shortcomings of Brazilian Decree N. 9.571/2018

Abstract

Objective:  To analyze Decree No. 9.571/2018 and highlight the importance of implementing Human Rights Compliance systems in national and multinational companies, emphasizing their positive influence on business results and reputation. Problem: While some companies have adopted Human Rights policies, the absence of a mandatory requirement to implement Human Rights Compliance systems in national and multinational companies results in a guideline without practical effectiveness. This study aims to identify the need for mandatory implementation of Human Rights Compliance programs in companies to promote the protection and encouragement of Human Rights in the corporate-business environment. Method: This study employs a qualitative approach, utilizing document analysis to examine Decree No. 9.571/2018 and its implications. The study also draws upon literature related to Human Rights Compliance programs, Corporate Social Responsibility, and their impact on business results and reputation. Results: The study demonstrates the importance of implementing Human Rights Compliance systems in national and multinational companies, highlighting their potential positive impact on business results and reputation. The absence of a mandatory requirement for implementation limits the effectiveness of the decree and the promotion of Human Rights in the corporate-business environment. Conclusions: This study emphasizes the need for mandatory implementation of Human Rights Compliance systems in national and multinational companies. Such implementation will promote the protection and encouragement of Human Rights in the corporate-business environment while positively influencing business results and reputation. The study concludes that Decree No. 9.571/2018, while an important step, is insufficient in promoting effective Human Rights Compliance programs in companies and should be revised to include mandatory implementation requirements.