UNEP FI and EIB Unveil Human Rights Toolkit to Help Financial Institutions Uphold Ethical Standards

UNEP FI and EIB Unveil Human Rights Toolkit to Help Financial Institutions Uphold Ethical Standards

(IN BRIEF) The UN Environment Programme Finance Initiative (UNEP FI) has launched a Human Rights Resource Kit developed with support from the European Investment Bank. This comprehensive toolkit aims to help financial institutions integrate human rights considerations into their operations by providing actionable steps aligned with the United Nations Guiding Principles on Business and Human Rights (UNGPs). The resource offers tailored recommendations for various industries and regions, simplifies key frameworks, and encourages ongoing tracking of progress. While the toolkit is primarily for banks, it is also valuable for investors, insurers, civil society, and national human rights institutions, promoting a more responsible and sustainable global financial system.

(PRESS RELEASE) LUXEMBOURG, 28-Jan-2025 — /EuropaWire/ — UN Environment Programme Finance Initiative, UNEP FI, Human Rights Resource Kit, European Investment Bank, financial institutions, human rights, United Nations Guiding Principles on Business and Human Rights, UNGPs, policy development, due diligence, access to remedies, recommendations, industries, regions, human rights frameworks, ethical decisions, progress tracking, responsible banking, sustainable financial system, Principles for Responsible Banking, PRB, investors, insurers, civil society, national human rights institutions.

The UN Environment Programme Finance Initiative (UNEP FI), supported by the European Investment Bank, has introduced a Human Rights Resource Kit to help financial institutions integrate human rights considerations into their operations. The toolkit outlines actionable steps for aligning with the United Nations Guiding Principles on Business and Human Rights (UNGPs), offering tailored recommendations for various industries and regions. It provides simplified frameworks, real-world examples, and encourages ongoing tracking to ensure human rights are embedded in financial practices. While mainly aimed at banks, the toolkit is also valuable for investors, insurers, civil society, and national human rights institutions, contributing to the responsible and sustainable financial system.

Media Contact:

Press Office

press@eib.org
+352 43791

SOURCE: European Investment Bank