BankTrack’s research and mapping exercise has shown, that human rights due diligence is still at a very early stage in most of the banks. To fulfil their duty to respect banks should develop human rights policies and due diligence procedures, that define which human rights-related activities and practices will not be financed or engaged in. The Special Representative’s 2008-11 workplan should include efforts to map and clarify the full range of activities in which banks can, directly or indirectly, impact on human rights. Banks should establish mechanisms that provide remedy for negative impacts of bank decisions. The signatories of the Equator Principles should agree to take a coordinated approach to accountability, including direct access for voices from affected communities, in order to ensure that the activities banks finance are not causing significant adverse impacts. BankTrack hopes that this paper helps to advance the discussion on the relevance of the „protect, respect and remedy“ framework for the banking sector.