Press release: ABN AMRO publishes first human right report
(Thomson Reuters ONE) -
ABN AMRO publishes first human rights report
ABN AMRO is the first financial institution in the world to publish a human
rights report based on the reporting framework of the UN Guiding Principles on
Business and Human Rights. In the report, the bank sets forth its human rights
policy and how it seeks to meet its policy commitments. The publication of the
report is an important milestone in the bank's efforts to revisit its operations
from a human rights perspective.
The report focuses on four human rights issues: privacy, discrimination, labour
rights and land-related human rights. These are the human rights that are most
at risk of being violated by the activities of the bank and the companies it
finances or invests in on behalf of clients. ABN AMRO is active in a large
number of countries and sectors. In order to minimise the risk of the bank doing
business with companies that violate human rights, it actively monitors clients
that operate in high-risk industries and countries. Where necessary, ABN AMRO
engages with clients to bring about improvement. The bank also proactively seeks
to create positive impact, for example by encouraging social impact investing.
The UN Guiding Principles on Business and Human Rights are the global
authoritative standard on business respect for human rights. Caroline Princen,
member of ABN AMRO's Managing Board: 'Firmly embedding respect for human rights
in our operations is an ongoing process. In this report we also describe the
dilemmas we face and where more work is needed. We are proud to be at the
forefront of businesses reporting about their activities in the area of human
rights.'
Press release human rights report:
http://hugin.info/172722/R/2066951/776071.pdf
ABN AMRO Human Rights Report 2016:
http://hugin.info/172722/R/2066951/776072.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ABN AMRO via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 21.12.2016 - 09:28 Uhr
Sprache: Deutsch
News-ID 514214
Anzahl Zeichen: 2458
contact information:
Town:
Amsterdam
Kategorie:
Business News
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