HUMAN RIGHTS
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The Universal Declaration of Human Rights, the International Covenant on Civil and Political Rights and the International Covenant on
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CEObriefing
June 2008
A document of the UNEP FI Human Rights Work Stream (HRWS)
A human chain observes International Human Rights Day on 9 December 2006
© Munir uz zaMan / Majority World / Still PictureS
HUMAN RIGHTS
“T
In 2007, UNEP Finance Initiative’s Human Rights Work Stream was formed with the aims of clarifying how human rights relate to the activities of financial institutions and develop ing practical tools and guidance that can be used by the sector to better assess and manage its human rightsrelated risks. This CEO Briefing provides an introduction to the business and human rights debate and sketches out some of the key human rights challenges presently faced by the finance sector. The Briefing also presents a broad management framework for companies in the finance sector seeking to more effectively manage the human rights issues to which they are exposed.
here is growing agreement that the private sector should do its part to help ensure respect for human rights around the world. No one denies that the activities of business help provide the enabling environment needed for the enjoyment of human rights. At the same time, it is clear that company operations can have serious negative impacts on the protection of human rights when not carried out in a responsible manner. More and more business leaders from the global north and south are showing that they are ready to take on their appropriate role in promoting and protecting human rights and a growing number of leading companies are committed to using a human rights framework to help shape more principled and profitable corporate performance. Progress is being made in the areas of human rights impact assessments and in the production of guidance and tools for business to use in managing human rights risks. The UNEP Finance Initiative is at the leading edge of these developments among business sectors.” Mary Robinson,
President, Realizing Rights: The Ethical Globalization Initiative, Former President of Ireland, Former UN High Commissioner for Human Rights
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