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 a gap that needed to be filled in order to shift the current state of global business practice on human rights. That gap was the need for an incentive system prompting companies to excel on human rights performance and disclosure and compete against their peers.

The CHRB seeks to utilise public transparency combined with public rankings of companies’ human rights performance to drive a race to the top of the annual Benchmark. The inaugural results of the Corporate Human Rights Benchmark were published in March 2017, ranking the top 100 companies from the Apparel, Agricultural Products, and Extractives industries based on the CHRB's extensive pilot methodology. Long-term the CHRB will expand to more companies and other industries to ultimately rank the top 500 companies each year.