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Article

1 Mar 2004

Author:
Peter Woicke, IFC Executive Vice President and Managing Director, Private Sector Operations, World Bank Group

[PDF] Remarks of Peter Woicke [IFC Executive Vice President] for a panel entitled “The Role of the Private Sector in Promoting Human Rights”

We [the IFC] have already, through our Sustainability Framework, started the process of helping ourselves and our clients articulate where they are helping to progressively realize human rights. We have an opportunity now to develop a serious, tangible way for businesses worldwide to explicitly and proactively address human rights issues. This is a new role for us. But our hope is that we will be able to get this right, and not settle for a low common denominator solution.