Webinar on Equator Principles IV: A Human Rights Perspective
Webinar | July 23 | Online
The Investor Alliance for Human Rights and the Investors & Indigenous Peoples Working Group invite you to join a webinar on the human rights sections of draft Equator Principles (EP4).
The EP is a social and environmental “risk management framework adopted by banks and other financial institutions. The EP is intended to provide a minimum standard for due diligence and monitoring to support responsible risk decision-making, primarily for project finance. On June 24, 2019, the Equator Principles Association (EPA) released the latest draft of EP4 for public for review and feedback. The controversy surrounding the Dakota Access Pipeline (DAPL) catalyzed the EP4 revision process. At the time, 13 of the 17 banks that financed DAPL were signatories to the EP.
In its current form, EP4 fails to meet the standards laid out by the UN Declaration on the Rights of Indigenous Peoples and the UN Guiding Principles on Business and Human Rights, and poses specific and significant risks to the rights of Indigenous Peoples around the world. The webinar will provide participants with 1) an overview of the human rights aspects of EP4 in particular regarding Indigenous Peoples, including gaps and recommendations for addressing these, and 2) ready-made opportunities for investors to submit feedback and strengthen EP4.
We are excited to have as our expert speakers Anita Ramasastry, Member of the United Nations Working Group on Business and Human Rights, and Carla Fredericks, Associate Clinical Professor and Director of the American Indian Law Clinic at the University of Colorado Law School and Director of First Peoples Worldwide.
Steven Heim from Boston Common Assessment Management will moderate the webinar and Delaney Greig from SHARE will be a lead discussant.
For more information about the event and how to register please follow the link below.