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Statement by the Thun Group of Banks - “The Guiding Principles: an interpretation for banks” (banks in Barclays, BBVA, Credit Suisse, ING Bank, RBS Group, UBS, UniCredit)

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Author: ComunicaRSE

...“Thun Group of Banks”, el grupo que reúne a bancos y entidades financieras para debatir la aplicación de los Principios Rectores sobre empresas y DD.HH. de la ONU, presentó su primera “interpretación”. El documento…una contribución…para una mejor comprensión de los Principios Rectores, según afirman en la declaración publicada el 2 de octubre de 2013…El debate buscó alcanzar acuerdos sobre el valor de los Principios para el negocio financiero y…que su carácter genérico es reflejo de la complejidad del tema…El documento sugiere un enfoque para la evaluación de riesgos a través de medidas de diligencia debida en distintos sectores del negocio…

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Article
2 October 2013

[PDF] Statement by the Thun Group of Banks - “The Guiding Principles: an interpretation for banks” - A Discussion Paper for banks on Principles 16 – 21 of the UN Guiding Principles on Business and Human Rights

Author: The Thun Group of Banks (Barclays, BBVA, Credit Suisse, ING Bank, RBS Group, UBS, UniCredit)

We, the undersigned banks, have contributed to this discussion paper in order to gain a better understanding of the “Guiding Principles for the implementation of the United Nations ‘Protect, Respect and Remedy’ Frame-work” (“Guiding Principles”) and of the ways they can be applied in the banking business. Our discussions in the “Thun Group of Banks” have been assisted by expert input from the University of Zurich Competence Centre for Human Rights, a member of the Swiss Centre of Expertise in Human Rights...

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Article
2 October 2013

[PDF] UN Guiding Principles on Business and Human Rights - Discussion Paper for Banks on Implications of Principles 16–21

Author: The Thun Group of Banks

...This guidance focuses on the implications for banks of Guiding Principles 16–21. These Principles cover the areas of policy development and commitment, due diligence in terms of scope, accountability and implementation, as well as tracking and reporting. These Principles are those which are most relevant to banks’ potential adverse impacts on human rights and which tend to be most challenging to implement...

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