Finance
1. Tools & guidance
2. Examples of uses
1. Tools & guidance
“Human Rights Guidance Tool for the Financial Sector”, UNEP Finance Initiative, undated
For further tools & guidance, see the Finance section of the Resource Centre’s Tools & Guidance Portal
2. Examples of uses
"Compliance with the UN guiding principles concerning Human Rights"
BNP Paribas, updated: 15 Apr 2014
- "Statement of BNP Paribas on Human Rights", 2012
Refers to UN Guiding Principles
"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, The Thun Group of Banks (Barclays, BBVA, Credit Suisse, ING Bank, RBS Group, UBS, UniCredit), 2 Oct 2013
Focuses on human rights policy & due diligence
Commentary by Ariel Meyerstein, Chadbourne & Parke
"Banking on human rights protection for major infrastructure projects"
Jennifer Kho, Guardian Sustainable Business, 16 Aug 2013
Interview with Shawn Miller [Citi's managing director of environmental & social risk management] on respecting human rights in project finance.
“Thun Group of Banks Response to a question at the UN Forum on Business and Human Rights, December 2012”,Credit Suisse (on behalf of Thun Group of Banks), 5 Dec 2012
For more from UN Forum on Business and Human Rights, click here
“Financing Human Rights Abuse: The Role of Public and Private Financial Institutions”,BankTrack, ECA Watch, Center for Intl. Environmental Law, Dec 2012
"Statement by the Thun Group of banks" on Guiding Principles, Barclays, Credit Suisse, UBS & UniCredit, 19 Oct 2011
"One Step Forward, Two Steps Back: Credit Suisse, UBS and Human Rights", Andreas Missbach, Fabian Jucker, Berne Declaration, Jul 2011
Companies' responses also provided
“The Monster under the Bed: Financial Services and the Ruggie Framework”, Mary Dowell-Jones (University of Nottingham Human Rights Law Centre) & David Kinley (University of Sydney), 2011
For further reports & articles, see the Resource Centre’s general section on Finance & banking.
Related stories and components
Banking on human rights protection for major infrastructure projects
Author: Jennifer Kho, Guardian Sustainable Business
The launch of the third version of the Equator Principles calls on banks to consider human rights risks, Citi's Shawn Miller [managing director of environmental and social risk management] tells Jennifer Kho what this means for project developers.....
- Related in-depth areas: Finance Latest news on UNGPs
- Related companies: Citigroup
[PDF] Thun Group of Banks Response to a question at the UN Forum on Business and Human Rights, December 2012
Author: Credit Suisse (on behalf of Thun Group of Banks)
The Thun Group of Banks is an informal group of bank representatives that have been discussing the meaning of the UN’s “’Protect, Respect and Remedy’ Framework” and the “Guiding Principles” on the activities of banks...The Group is currently completing...
- Related in-depth areas: Finance
- Related companies: Credit Suisse
[PDF] Financing Human Rights Abuse: The Role of Public and Private Financial Institutions
Author: BankTrack, ECA Watch, Center for Intl. Environmental Law
A complex range of public and private institutions provide financing for both corporate and state activity that is associated with human rights abuse. These financial institutions present an opportunity for the widespread dissemination and...
- Related in-depth areas: Finance International financial institutions State-based Uses of UN Guiding Principles: Investors
[PDF] Human Rights Guidance Tool for the Financial Sector
Author: UNEP Finance Initiative
The UNEP FI Human Rights Guidance Tool for the Finance Sector is designed as an online signposting tool providing information to lenders on human rights risks...In 2011, it has been thoroughly reviewed and revised to reflect recent events and...
- Related in-depth areas: Finance
[PDF] Statement by the Thun Group of banks on the “Guiding principles for the implementation of the United Nations ‘protect, respect and remedy’ framework” on human rights
Author: Barclays, Credit Suisse, UBS, UniCredit
The “Guiding Principles” bring a welcome profile and degree of clarity to the human rights and business agenda. They provide a blueprint for companies to show that they respect human rights, and reduce the risk of causing or contributing to human...
- Related in-depth areas: Finance
- Related companies: Barclays Credit Suisse UBS Unicredito Italiano (now Unicredit)
[PDF] One Step Forward, Two Steps Back: Credit Suisse, UBS and Human Rights
Author: Andreas Missbach, Fabian Jucker, Berne Declaration
Based on the work of John Ruggie, UN Special Representative on Business and Human Rights, and an analysis of financing in high-risk areas, we examined the dealings of both major Swiss banks regarding this important subject. We came to the...
- Related stories: Report examines UBS & Credit Suisse's respect for human rights
- Related in-depth areas: Finance
- Related companies: Credit Suisse PGGM UBS Vedanta Resources
[DOC] The Monster under the Bed: Financial Services and the Ruggie Framework
Author: Mary Dowell-Jones (University of Nottingham Human Rights Law Centre) & David Kinley (University of Sydney)
The work to develop the ‘protect, respect and remedy’ Framework…together with its ‘operationalising’ Guiding Principles, has coincided with one of the worst financial crises to hit the global economy and financial system in many decades. The social...
- Related in-depth areas: Finance UN Secretary-General's Special Representative on business & human rights
- Related companies: Citigroup J.P. Morgan (part of JPMorgan Chase) JPMorgan Chase