Revised standards of OECD on environmental & social due diligence for export credit agencies fall short of UN Guiding Principles on Business & Human Rights requirements (Amnesty Intl.)

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Author: Amnesty International

...[L]es normes utilisées par les Approches communes pour étudier les effets des projets étaient toujours les critères de performance de la Société financière internationale (IFC). Les critères de performance révisés de l'IFC sont bien en deçà des exigences de diligence en matière de droits humains établis dans les Principes directeurs relatifs aux entreprises et aux droits de l'homme...

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12 November 2012

[PDF] Review of the OECD Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence

Author: Amnesty International

Amnesty International consistently stressed the need for the Common Approaches (Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence) to adopt a robust human rights framework by adopting, at a minimum, the Universal Declaration of Human Rights and the United Nations core human rights conventions. However, the standards used by the Common Approaches to benchmark project- related impacts remained the International Finance Corporation’s (IFC) Performance Standards. The IFC’s revised Performance Standards fall far short of the human rights due diligence requirements set out in the UN Guiding Principles on Business and Human Rights...

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