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Business and human rights developments in the financial sector
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Since the adoption of the UN Guiding Principles on Business and Human Rights (UNGPs) in 2011, significant discussions have ensued around the responsibility of financial institutions to respect human rights across different types of transaction and business relationships. Unique challenges for the sector arise from the diverse range of investment types and asset classes, and the limited leverage financial institutions may have in relation to the conduct of co-financiers, investees and borrowers, particularly in the context of minority investments and syndicated financings.
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