The campaign FACING FINANCE – a close inspection on investments in human rights violations – identifies companies worldwide that profit form breaching international norms and standards concerning human- and labour rights, environmental protection, controversial weapons and corruption.
From here, the campaign sensitizes institutional, public and private investors to respect ethical, social and sustainable standards in their investments, and further calls for the implementation of effective standards within the institutions themselves. FACING FINANCE will closely monitor the adherence to these standards.
Finally, the investors are called upon to stop any financial deal (shareholding, issuance of bonds or shares, credits and loans) with companies that do not comply with these norms and standards.
FACNG FINANCE leads its campaign on the basis of professional research and databases as well as wide network of African and civil society organisations from the sub-Saharan region.
With its public actions, FACING FINANCE promotes its aims, along with workshops, tutorials and the direct dialogue with political and financial decision-makers. The open dialogue with investors, financial institutions, financial advisors and their umbrella organisations aims for a higher acceptance of binding guidelines. FACING FINANCE does not consider voluntary guidelines as sufficient. To reach the highest liability, the campaign calls for investment bans by law.
Along with the campaign activites, FACING FINANCE is seeking cooperation with other civil society organisations and existing networks.
Consortium members of the EC financed campaign FACING FINANCE are
SODI – Solidaritätsdienst-international e.V.
Fairfin (formerly Netwerk Vlaanderen)
JA! Justiça Ambiental (Friends of the Earth Mozambique)
The campaign is also supported by
Brot für die Welt
Arbeitsgemeinschaft Entwicklungshilfe (AGEH)
International Campaign to ban Landmines (ICBL)