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Business
and Human Rights: a resource website
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Guidelines
prepared by business associations |
See also sections of
this website entitled "Company statements of policy on human rights","Environment / Human rights"
and "Links - Business
organisations" and "Links
- Corporate responsibility organisations".
Banks
in drive for project principles - The drive by Citigroup and large European
providers of project finance in emerging markets to obtain industry-wide
adherence to the International Finance Corporation's social and environmental
guidelines may increase pressure on export credit agencies to do the
same..."In the past, the US Export-Import bank has taken the lead on
environmental standards and issues of transparency," said John Sohn, an
expert on export credit agencies at Friends of the Earth...The impetus behind
the US lead was in part due to financing of the controversial Three Gorges dam
in China in 1996. The US Export-Import bank decided not to finance the
project...Non-US ECAs, such as Germany's Hermes and Export Development Canada,
less constrained by environmental standards, provided some finance for the dam.
In an attempt to create a level playing field, the US Export-Import Bank began
promoting within the OECD the concept of common and transparent environmental
standards but its moves have generally been met with resistance. (Demetri
Sevastopulos, Financial Times, 9 Apr. 2003)
- Four
banks adopt IFC agreement - At least four European and US banks plan to
adopt the International Finance Corporation's social and environmental
guidelines for project finance in emerging markets, a clear signal that
banks are awakening to the risks of socially irresponsible investing. ABN
Amro, Barclays, Citibank and WestLB, in collaboration with the IFC, the
private-sector arm of the World Bank, have drafted an agreement called the
"Equator Principles"...Under the agreement, the banks agree to
adopt the IFC's social and environmental rules for sustainable development,
which include guidelines on issues ranging from environmental assessment and
natural habitats to indigenous peoples and child and forced labour. (Demetri
Sevastopulo, Financial Times, 6 Apr. 2003)
Canadian
Business for Social Responsibility [CBSR] Second Stage of Guidelines for
Corporate Social Performance: The CBSR Guidelines for Corporate Social
Performance are a set of guidelines that outline what companies can do to become
more socially and environmentally responsible. (Canadian Business for Social
Responsibility, May 2001)
Caux
Round Table Principles for Business:
Codes
of conduct (Centro Nuovo Modello di Sviluppa)
Human
rights from the perspective of business and industry - a checklist
(NHO /
Confederation of Norwegian Business and Industry) [NOTE:
when website appears, click "Position papers", then "Human rights
from the perspective of business and industry - a checklist"]
Implementation
Of A Worldwide Initiative For An Independent, Ethical Manufacturing Auditing
Process - The International Council of Toy Industries (ICTI) announces today the
start of the implementation of a worldwide initiative for an independent,
ethical manufacturing auditing process that will be implemented by toy
manufacturers representing more than 95% of toys sold worldwide.
(International Council of Toy Industries, 18 Dec. 2002)
International
Code of Ethics for Canadian Business