IHRB's is a founding partner of the Corporate Human Rights Benchmark (CHRB), a multi-stakeholder initiative made up of private sector and not for profit organisations. These organisations came together in 2013 united behind the conviction that there was needed an incentive system prompting companies to excel on human rights performance and disclosure and positively compete against their peers.

The CHRB assesses the human rights disclosures of 230 global companies across five sectors identified as presenting a high risk of negative human rights impacts. These sectors are agricultural products, apparel, extractives, ICT manufacturing and, for the first time, automotive manufacturing. In light of the COVID-19 pandemic and associated impacts around the world, the CHRB adapted its approach in 2020.