The UN Environment Programme Finance Initiative (UNEP FI) launched a new Human Rights Resource Kit which was developed with the support of the European Investment Bank. This comprehensive step-by-step tool is designed to help financial institutions integrate human rights considerations into their operations.
The toolkit:
- Offers actionable steps for aligning with the United Nations Guiding Principles on Business and Human Rights (UNGPs), including policy development, due diligence, and access to remedies.
- Tailored recommendations for various industries and regions to address unique human rights challenges.
- Simplifies key human rights frameworks, enabling organisations to make informed, ethical decisions.
- Encourages ongoing progress tracking to ensure human rights considerations are embedded throughout financial operations.
- Highlights real-world examples of organisations excelling in human rights practices for inspiration and learning.
While primarily designed for banks, the toolkit is also valuable for investors, insurers, civil society, and national human rights institutions. It supports adherence to the Principles for Responsible Banking (PRB) and contributes to a more responsible and sustainable global financial system.
More information on Human Rights Toolkit for Financial Institutions and Human Rights and the EIB