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Article

4 Apr 2018

Author:
Dr Christian Leitz, Convener of the Thun Group of Banks

Thun Group response to civil society letter

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Since its first meeting in 2011, the Thun Group’s focus has been on sharing banking-sector expertise and experience to support the integration of the UN Guiding Principles on Business and Human Rights into the policies and practices of banking institutions... In this process the Thun Group considers advice, statements and publications of human rights experts and representatives of international institutions – and we continue to remain prepared and willing to discuss our understanding and application of the UN Guiding Principles with stakeholders... As regards papers by the Thun Group, we regard these as supporting the above core endeavor of the Group, by further increasing awareness and, above all, helping to ensure a consistent, conscious and professional assessment and handling of the human rights responsibilities of banks. We strongly believe that business-led initiatives like ours have an important role to play when it comes to providing guidance on the application of the UN Guiding Principles. The Thun Group of Banks will continue to maintain its focus on sharing expertise and experience, most immediately at its forthcoming annual meeting, and thus to support the integration of the UN Guiding Principles into the policies and practices of banking institutions.

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