Banks are responsible for their investments.

 

Banks are rarely directly involved in abuse of human rights. But they must be held partly responsible in they invest in companies or governments that are.

 

In order to avoid contributing to violations, all banks must have a clear policy where they describe which conventions, norms and standards any investment should follow and how the bank works on the issue.

The bank's policy should, among other things, require companies to respect human rights and pay particular attention to vulnerable groups, such as children, women and disabled.

All banks must oblige companies to make sure their activities, suppliers and collaborations around the world do not contribute to violations and businesses have channels where victims can report abuse. All banks should also analyze how investments in sensitive industries, countries and companies, affect humans rights and systematically investigate the risks of new investments.

 
 
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