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Article

21 Oct 2020

Author:
UN Working Group on Business & Human Rights

The UNGPS 10+ Project: Financial sector tracks

Financial sector actors play a vital role in the world's economy, have substantial leverage over a range of other sectors and business activities, and are key for ensuring corporate respect for human rights at scale...

As a means of driving more robust focus and practice in this important arena, the UNGPs 10+ project is carrying out targeted research and consultation in the key areas of:

  • Development finance, including but not limited to multilateral, bilateral, and national development finance institutions; microfinance institutions; community development financial institutions; and revolving loan funds.
  • Institutional investment, including but not limited to asset management firms, public pension funds, trade union funds, foundations, endowments, and mutual funds...

These two project tracks involve multi-stakeholder dialogues and are resulting in a number of public outputs in the form of strategic submissions to standard-setting process and position papers from the Working Group...

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