PRI publishes human rights framework for institutional investors

Christophe BARDY - GRACES community
22/7/2022
Propulsé par Virginie
Cet article est réservé aux membres GRACES.community

The PRI will: \- support institutional investors with their implementation of the UNGPs through knowledge-sharing, examples and other practical materials; \- increase accountability among signatories, by introducing human rights questions into the PRI Reporting Framework – initially on a voluntary basis; \- facilitate investor collaboration to address industry challenges to implementing respect for human rights; \- promote policy measures that enable investors and investees to manage human rights issues; \- drive meaningful data that allows investors to manage risks to people. --------------- This responsibility was formalised by the UN and the OECD in 2011, and since then expectations – from employees, beneficiaries, clients, governments and wider society – have only increased. Expectations have been driven not only by growing visibility and urgency around many human rights issues, but also by a better understanding of investors’ role in shaping real-world outcomes, and of their responsibility to do so – across all their investment activities. Just as for all businesses, institutional investors have a responsibility to respect human rights. This responsibility was formalised by the UN and the OECD in 2011, and since then expectations – from employees, beneficiaries, clients, governments and wider society – have only increased. Expectations have been driven not only by growing visibility and urgency around many human rights issues, but also by a better understanding of investors’ role in shaping real-world outcomes, and of their responsibility to do so – across all their investment activities. With regulation on human rights due diligence already implemented in some jurisdictions, more measures in the pipeline and policy making converging around the UNGPs and OECD standards, investors can future-proof their approach to ESG issues by implementing these frameworks now. Leading investors also recognise that meeting international standards – and preventing and mitigating actual and potential negative outcomes for people – leads to better financial risk management, and helps to align their activities with the evolving demands of beneficiaries, clients and regulators. With the publication of its human rights framework for institutional investors "Why and How Investors Should Act on Human Rights", the Principles for Responsible Investment (PRI) establishes a multi-year programme of work to embed the UN Guiding Principles on Business and Human Rights (UNGPs) into investment activities. In a piece for Responsible Investor, PRI's CEO Fiona Reynolds and author of the UNGPs John Ruggie outline "why this topic, and why now". Download the guid Download the principles 2011 Virginie Gastine Menou RISQUES ET VOUS Proposer une offre de job : Consulter les offres qui vous correspondent :

Envie de lire la suite de l’article ?
Il vous reste 50% de l’article à lire
Inscrivez-vous sur GRACES.community pour profitez de toute l’actualité compliance
directement depuis votre espace Membre !
M'inscrire

Plus de 200 sociétés ont trouvé leur compliance officer avec GRACES.community,

et si c’était vous ?