Human rights and ethics
In the last year we considered how we express our global support for the important idea of human rights. As a global company Experian works within the customs and laws of the countries where we operate. We support internationally proclaimed human rights as stated in the Universal Declaration of Human Rights: we seek not to violate them and where feasible we contribute to making them a reality in our sphere of influence (through our supply chain, as an employer, and our products and services).
The United Nations Global Compact outlines ten principles that businesses should implement in their support of human rights. Serasa is already a signatory and our HR teams in our different regions are considering the ten principles with a view to signing in the new financial year.
Much of our operation is in the developed world where rights are widely upheld by national governments. Similarly most of our ‘typical’ operations carry with them little or no risk of human rights violations but it’s important we consider the countries and the particular rights that require our attention.
We are active in countries that have undergone a rapid transition into the free market, hence the existing national legislations on the right to privacy may still be at a developing stage.
Of particular relevance to Experian
Rights such as freedom from discrimination and equal opportunities are directly relevant to Experian as an employer and service provider. Due to the nature of our products and services the right to privacy is of acute relevance and Experian finds itself engaging with governments on the issue of how this right can be fulfilled within a free market economy and the digital age. Some of Experian’s products and services, such as Mosaic Public Sector or credit bureaus, can support the ability of local governments and financial institutions to contribute to the realisation of everyone’s right to social security/services and an adequate standard of living.