Fast & fair renewable energy: A practical guide for investors
This briefing sets out how investors can help tackle the climate crisis while respecting human rights in a just transition. It is divided into five snapshots, which provide statistics and case studies highlighting key human rights risks and impacts for each of the major renewable energy subsectors: wind, solar, bioenergy, geothermal, and hydropower.
These snapshots bring lessons from our surveys of 109 renewable energy companies, our investor engagement over the last three years, and insights from an expert advisory group comprised of representatives from the UN-supported Principles for Responsible Investment, the Interfaith Center on Corporate Responsibility, the Heartland Initiative, Transform Finance, the Investor Alliance for Human Rights, and the London School of Economics.
Key Questions Investors Can Ask When Investing in Renewable Energy:
Does the company have a publicly available commitment to respect human rights that refers to internationally recognised human rights norms?
Does the company have a human rights due diligence process in place to identify and address salient human rights risks before they become abuses?
Does the company provide a grievance mechanism to workers and community members when rights abuses occur, as outlined by Principle 31 of the UN Guiding Principles on Business and Human Rights?
Does the company expect its suppliers and business partners to adhere to the same human rights standards, and does it include this expectation in contracts and agreements?
For more information on renewable energy & human rights, see here.