The negotiation process towards a meaningful treaty on business and human rights has been underway since 2014 at the UN Human Rights Council. The process has been a slow one but the development and release of the draft treaty in July this year is a strong indication that there is a clear change coming to the world of business and human rights. ... →
Dirty Profits 7:
The DIRTY Profits 7 highlights the ten European banks with some of the highest investments in 11 global arms companies, companies that have since 2015 been exporting to unstable/crisis-affected countries in the MENA region (Middle East and North Africa) and countries involved in the war in Yemen.
Dirty Profits 6:
The global extractives industry is heavily involved in some of the worst labour, environmental and human rights violations. ... →
![| Bild (Ausschnitt): © Raimond Spekking [CC BY-SA 4.0] - climatevisuals](https://www.facing-finance.org/files/2017/07/fotoXartikel-120x120.jpg "[:de]
[:] | Bild (Ausschnitt): © Raimond Spekking [CC BY-SA 4.0] - climatevisuals")
In 2011 the UN Human Rights Council unanimously endorsed the Guiding Principles for Business and Human Rights. These 31 principles are based on three key principles; the duty of states and enterprises to protect and respect human rights and the possibility of legal remedy in the event of human rights violations. One of the principles in relation to this is that Companies should undertake human rights due diligence assessing human rights impacts not just in their own activities, but should also linked to wider impacts of their operations and activities. ... →
![Blick in das Manus Island Detention Centre, Quelle: Wikipedia | Bild (Ausschnitt): © DIAC images [CC BY 2.0] - Wikimedia](https://www.facing-finance.org/files/2016/08/1024px-Manus_Island_regional_processing_facility_2012-120x120.jpg "Blick in das Manus Island Detention Centre, Quelle: Wikipedia | Bild (Ausschnitt): © DIAC images [CC BY 2.0] - Wikimedia")
A new report released by the Human Rights Law Centre and partners, details the extent of financial sector involvement in companies associated with human rights abuses in Australia’s offshore detention centres (ODC’s).
It draws attention to the company Ferrovial, a global services company. Ferrovial acquired Broadspectrum in May 2016, despite the knowledge that it was responsible for human rights abuses at the core of the offshore detention regime. ... →
In June 2016, BankTrack published its second edition of “Banking with Principles? – Benchmarking Banks against the UN Guiding Principles on Business and Human Rights“. Using 12 criteria in 4 categories (policies, due diligence commitments, reporting and access to remedy), based on the UN Guiding Principles on Business and Human Rights, BankTrack assessed 45 of the largest banks globally, including Commerzbank and Deutsche Bank. ... →
The Israeli settlement policy in the occupied areas in the West Bank is frequently medially in the focus of the interest and often produces indignation around the world and the international community refuses the settlements as contrary to international law. In the new Human Rights Watch report, the organization shows in which way the global operating companies and financial institutions not only profit from violations of human rights in the occupied areas, but also contribute to the maintenance and development of the settlements. ... →