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[PDF] Statement of BNP Paribas on Human Rights
Author: BNP Paribas, Published on: 1 January 2012
BNP Paribas is committed to respecting the internationally accepted Human Rights standards as defined in the International Bill of Human Rights...It also acknowledged the core labor standards set out by the International Labor Organization. BNP Paribas is an active member of the United Nations Global Compact Initiative and endorses its principles and the OECD Guidelines for Multinational Enterprises as a comprehensive framework to guide its approach to responsible business management, including the protection of basic human rights....BNP supports the framework of "Protect, Respect, Remedy" set forth by John Ruggie...Accordingly BNP Paribas believes that the primary responsibility for Human Rights protection lies with the States...However, BNP Paribas also recognizes that companies have an important role to play. Therefore, BNP Paribas is committed to respect Human Rights, independently of the States' fulfillment of their duty...BNP Paribas acknowledges its own responsibility as a provider of financial services. It thus seeks to ensure it is not complicit, neither directly or indirectly, in the violation of human rights.