Shift Project

 The Shift Project is a nonprofit consulting group that advises corporations on how to abide by the United Nations‘ Guiding Principles on Business and Human Rights, a set of guidelines intended to prevent businesses from harming human rights. 1 2

At-A-Glance

Formation:

2011

President:

Caroline Rees

Location: New York, NY View on map
Tax ID: 45-2779314
Most Recent Filing: 2025
Budget (2025): Assets: $4,117,731 Revenue: $4,092,847 Expenses: $4,071,708

Contents

    The Shift Project supports left-of-center environmental, social, and governance (ESG) standards. In October 2023, the Shift Project published a report advising the United Nations on how to better recommend ESG policies to businesses. 3

    Ideology

    United Nations Guiding Principles

    The Shift Project’s founding was inspired by the United Nations’ Guiding Principles on Business and Human Rights, a set of guidelines established in 2011 to “prevent and address negative impacts on human rights by business.” Shift Project co-founders Caroline Rees and Rachel Davis contributed to the Guiding Principles. The Guiding Principles’ primary author, John Ruggie, was chairman of the Shift Project’s board for a decade after its establishment until his death in September 2021. 1 2

    The Guiding Principles have been criticized by left-leaning sources for having weak standards and insufficient enforcement mechanisms. Human Rights Watch business and human rights director Arvind Ganesan stated, “Guidance isn’t enough – we need a mechanism to scrutinize how companies and governments apply these principles.” 4

    Diversity, Equity, and Inclusion

    The Shift Project is devoted to the principles of diversity, equity, and inclusion (DEI). On its website, the Shift Project states, “When a company works to drive diversity and inclusion through its workplaces, it not only reduces risks of discrimination but can open opportunities for women, minorities and others and help change attitudes in society.” 1

    Stakeholder Capitalism

    The Shift Project supports “stakeholder capitalism,” the left-of-center concept that for-profit corporations should prioritize general societal wellbeing rather than just shareholder value. 5

    Environment, Social, and Governance

    The Shift Project supports left-of-center environmental, social, and governance (ESG) standards. In October 2023, the Shift Project published a report advising the United Nations on how to better recommend ESG policies to businesses. 3

    Leadership

    Caroline Rees is a co-founder and the president of the Shift Project. Rees previously worked at the British Foreign and Commonwealth Office for 14 years as a diplomat. From 2009 to 2011, Rees was the director of the Governance and Accountability Program at the Corporate Social Responsibility Initiative at Harvard Kennedy School. From 2003 to 2006, she led the United Kingdom’s human rights negotiating team at the United Nations. 6 7

    Rachel Davis is a co-founder and the vice president of the Shift Project. Davis was previously the chair of FIFA’s independent human rights advisory board and has advised the International Olympic Committee on human rights since 2017. She is also a senior program fellow with the Corporate Responsibility Initiative at Harvard Kennedy School. 8

    Cynthia Burns is the chief operating officer of the Shift Project. Burns previously worked as vice president of operations at Human Rights First for 17 years. 9

    Mark Hodge is the vice president of the Shift Project. Hodge co-founded and led the Global Business Initiative on Human Rights, and he worked as a senior advisor to the U.N. Human Rights Business, Human Rights and Technology project. 10

    Funding

    In 2024, the Shift Project received a $400,000 grant from the Ford Foundation for “Core support for its work on European and global corporate sustainability reporting and diligence standards.” 11

    The Shift Project received a €1.1 million ($1.2 million) grant from the Laudes Foundation for “advancing effective mandatory due diligence and related standards.” 12

    The Shift Project has received funding from the Bill and Melinda Gates Foundation, the Robert Wood Johnson Foundation, and the W.T. Grant Foundation. 13

    From June 2021 to June 2022, the Shift Project reported $3.2 million in revenue, of which $358,000 came from government sources. 14

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2025 $4,117,731 $4,092,847 $4,071,708 View
    2024 $4,166,803 $3,326,303 $3,275,947 View
    2023 $3,609,684 $3,544,680 $3,110,302 View
    2022 $3,262,082 $3,227,568 $2,596,667 View
    2021 $2,860,645 $2,795,315 $2,393,775 View
    2020 $2,090,674 $2,607,100 $2,425,212 View

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 5

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Caroline ReesPresident$252,094
    Rachel DavisVice President$179,062
    Cynthia BurnsCOO$165,567

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $4,111,670
    • Number of Grants: 24
    • Number of Funders: 11

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $1,114,4472022 Laudes FoundationAdvancing Effective Mandatory Due Diligence and Related Standards
    $427,6492020 Laudes FoundationAdvancing Effective Mandatory Human Rights Due Diligence Models in Europe
    $300,0002024 The Ford FoundationCore support for its work on European and global corporate sustainability reporting and diligence standards
    $275,0002025 The Ford FoundationGeneral support to transform how business gets done in order to ensure respect for people’s lives and dignity
    $220,0002024 New Venture FundCAPACITY BUILDING
    $200,0002023 Open Society Foundationto provide general support
    $200,0002022 Amalgamated Charitable Foundation IncPROJECT SUPPORT
    $190,0002021 Open Society Foundationto provide general support
    $146,4002025 Community InitiativesSUPPORT FOR WORK RELATED TO THE TASKFORCE ON INEQUALITY AND SOCIAL-RELATED FINANCIAL DISCLOSURES
    $135,4002023 New Venture FundCAPACITY BUILDING
    $100,0002025 Humanity UnitedFor unrestricted general operating support
    $50,0002020 Humanity UnitedTo strengthen the protection of the rights of workers connected to all aspects of construction and delivery of the FIFA World Cup 2022 in Qatar
    $25,0002024 GlobalGivingFUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
    $25,0002023 GlobalGivingFUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
    $24,1822021 Laudes Foundation
    $13,5922022 Laudes FoundationSupporting Shift Project with the access of information for their advocacy effort
    $5,0002022 Wachtell Lipton Rosen & Katz FoundationGENERAL PROGRAM SUPPORT

    References

    1. “UN Guiding Principles 101.” Shift Project. Accessed April 24, 2024. https://shiftproject.org/resources/ungps101/.
    2. “Who We Are.” Shift Project. Accessed April 24, 2024. https://shiftproject.org/who-we-are/#Our-Team.
    3. “Shift’s Response to the UN Working Group Consultation on Investors, ESG, and Human Rights.” Shift Project. October 2023. Accessed April 24, 2024. https://shiftproject.org/resource/shift-response-to-un-working-group-consultation-on-investors-esg-and-human-rights/.
    4. “UN Human Rights Council: Weak Stance on Business Standards.” Human Rights Watch. Accessed April 24, 2024. https://www.hrw.org/news/2011/06/16/un-human-rights-council-weak-stance-business-standards.
    5. Ruggie, John; David, Rachel; Rees, Caroline. “Making ‘Stakeholder Capitalism’ Work: Contributions from Business & Human Rights.” Shrift Project. November 2020. Accessed April 24, 2024. https://shiftproject.org/resource/stakeholder-capitalism-contributions-bhr/.
    6. “Caroline Rees.” Shift Project. Accessed April 24, 2024. https://shiftproject.org/person/caroline-rees/.
    7. “Caroline Rees.” LinkedIn. Accessed April 24, 2024. https://www.linkedin.com/in/caroline-rees-0573368/.
    8. “Rachel Davis.” Shift Project. Accessed April 24, 2024. https://shiftproject.org/person/rachel-davis/.
    9. “Cynthia Burns.” Shift Project. Accessed April 24, 2024. https://shiftproject.org/person/cynthia-burns/.
    10. “Mark Hodge.” Shift Project. Accessed April 24, 2024. https://shiftproject.org/person/mark-hodge/.
    11. “Shift Project Ltd.” Ford Foundation. Accessed April 24, 2024. https://www.fordfoundation.org/work/our-grants/awarded-grants/grants-database/shift-project-ltd-149889/.
    12. “Funding transformational initiatives.” Laudes Foundation. Accessed April 24, 2024. https://www.laudesfoundation.org/grants.
    13. Schneider, Daniel; Harknett, Kristen; Gaillot, Annette. “Unemployed without a Net.” Shift Project. Accessed April 24, 2024. https://shift.hks.harvard.edu/unemployed-without-a-net/.
    14. “Financial Statement 2022.” Shift Project. Accessed April 24, 2024. https://shiftproject.org/wp-content/uploads/2023/07/FY2022-Financial-Statements.pdf.