Seguros RGA
Making human rights due diligence a legal requirement for companies including systems to identify, assess, mitigate or manage human rights risks and impacts to improve that process over time and to disclose the risks and impacts, the steps taken and the results.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The company agrees that an EU legal framework is needed. No further details were found.
The Company agrees that an EU legal framework for supply chain due diligence to address adverse impacts is needed. It, however, does not elaborate beyond this, nor responds whether it agrees with the due diligence duty definition (question 14). They advocate for a minimum process and definitions approach, but doesn't clarify or add details on its position.
Requiring Human rights due diligence of all companies, regardless of sector and size, while still reflecting their individual circumstances.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The entity considers that SMEs should be subject to ligther requirements and lighter reporting requirements.
The company indicates (question 16) that SMEs should be subject to lighter requirements and lighter reporting requirements.
Implementing an enforcement mechanism where companies fail to carry out due diligence as described.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The Company considers that the enforcement mechanism should consist of supervision by competent national authorities with a mechanism for EU cooperation/coordination.
This issue is directly asked in question 19a to which the Company responds that is in favour of: 'Supervision by competent national authorities (option 2) with a mechanism of EU cooperation/coordination to ensure consistency throughout the EU.'
Including in the duties of directors and company law obligations to avoid human rights impacts or “harms”.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The Company strongly agrees that directors should be required to manage the risks in relation to stakeholders and their interests, and agrees to some extent that they should be required to ensure possible risks and adverse impacts on stakeholders should be identified, prevented and addressed.
The Company strongly agrees that directors should be required to manage the risks in relation to stakeholders and their interests (question 6), and agrees to some extent that they should be required to ensure possible risks and adverse impacts on stakeholders should be identified, prevented and addressed (question 7).
Require companies to provide grievance mechanisms for all stakeholders including those in the value chain.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
Although the company strongly agrees that the EU should require directors to establish consultation channels for engaging with stakeholders, it is not clear whether it is in favour of providing grievance mechanisms for all stakeholders, including those in the value chain.
Although the company strongly agrees that the EU should require directors to establish consultation channels for engaging with stakeholders (question 20a), it is not clear whether it is in favour of providing grievance mechanisms for all stakeholders, including those in the value chain, as it does not respond to other related questions.
Enabling judicial enforcement with liability and compensation in case of harm caused by not fulfilling the due diligence obligations.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The Company doesn't consider this a suitable option as enforcement mechanism.
Question 19a gives multiple options for companies to pick enforcement mechanism, and this one is not among those picked by the Company,
Require companies to implement a due diligence process covering their value chain to identify, prevent, mitigate and remediate human rights impacts and improve that practice over time.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The entity is in favour of a due diligence duty based on a minimum process and definitions approach applicable across all sectors. It is not clear, however, whether they consider it should cover the value chain and remedy impacts.
The entity is in favour of a due diligence duty based on a minimum process and definitions approach applicable across all sectors (question 15). It is not clear, however, whether they consider it should cover the whole value chain and remedy impacts, as it does not provide more details, nor respond to question 14 about due diligence duty definition.
Require that companies identify their stakeholders and their interests.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The Company strongly agrees with the requirement for companies to identify stakeholders and their interests, including communities affected by both operations and their supply chains.
The Company strongly agrees with the requirement for companies to identify stakeholders and their interests (question 6), including communities affected by both operations and supply chains (question 5, relevancy of different stakeholder groups).
Require directors to establish and apply mechanisms or, where they already exist for employees for example, use existing information and consultation channels for engaging with stakeholders.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The entity strongly agrees that the EU should be required to establish consultation channels for engaging with stakeholders.
The entity strongly agrees that the EU should be required to establish consultation channels for engaging with stakeholders (question 20a). It does not elaborate further.
Require that corporate directors should manage the human rights risks for the company in relation to stakeholders and their interest including on the long run.
Direct Consultation with Governments
Comments from the entity submitted through official regulatory and legislative consultation processes, or via meetings and other direct engagements with policymakers. Includes evidence obtained by InfluenceMap through Freedom of Information requests.
The Company strongly agrees that directors should be required by law to manage risks for the Company in relation to stakeholders and their interests.
The Company strongly agrees that directors should be required by law to manage risks for the Company in relation to stakeholders and their interests (question 6).
| Legislation | Phase of Active Company Engagement | Position |
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| Industry Association | Performance band |
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