With the complexity of today’s financial markets, the connections to human rights are rarely visible until there is a catastrophic failure. The 2008 global financial crisis demonstrated the widespread impacts on human rights that the financial sector can have. Key to this problem is that most companies are not accounting for the full social and environmental ‘costs’ of their operations. As a result, capital is being misallocated. Less responsible companies are able to raise finance at the same rate as more accountable companies, meaning that financial system is not living up to its potential to support inclusive and sustainable development.
IHRB’s research and thought leadership on the financial sector is seeking to contribute to correcting this market failure. We explore the ways that human rights can contribute to the design of a more sustainable financial system. We work with international organisations and financial institutions to make human rights relevant to key actors in the sector. We emphasise opportunities for investors to integrate human rights considerations into their work. And we highlight the opportunities to leverage financial flows related to climate change and the UN Sustainable Development Goals.
It shouldn’t take a market failure to realise the financial sector can impact our human rights.
14 September 2017
- Submission: Prof. John Ruggie Comments on the Thun Group of Banks
- Report: Telecommunications and Human Rights - An Export Credit Perspective
- Report: Human Rights and Sustainable Finance - Exploring the Relationship
- Meeting Report: Business Relationships Learning Dialogue: Implementing the Corporate Responsibility to Respect Beyond the Supply Chain
News & Events
07 August 2017
- Event: Forced Labour and Responsible Recruitment - Investor Briefing
- News: Five Years On - IHRB Reflects on the State of Business and Human Rights
- News: $4.8 Trillion Investor Coalition Announces Support for the Corporate Human Rights Benchmark
- News: Launch of the Corporate Human Rights Benchmark
Commentary & Podcasts
21 December 2016
- Commentary: Why Does the Corporate Human Rights Benchmark Matter?
- Commentary: Draghi Must Accept ECB Contributes to Inequality
- Commentary: Impact Investing - A New Player in Protecting Human Rights?
- Commentary: Where have the UN Guiding Principles Taken Us and Where Do We Go Next?
11 February 2016
01 September 2015
02 March 2013