Press release: ABN AMRO publishes first human right report
December 21 2016 - 3:28AM
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
ABN AMRO Human Rights Report 2016
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
Abn Amro (NYSE:ABN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Abn Amro (NYSE:ABN)
Historical Stock Chart
From Apr 2023 to Apr 2024