Human rights-based lending models can curb trafficking

Law360 (August 6, 2021, 12:31 p.m. EDT) – This summer marks the 10th anniversary of the adoption by the United Nations Human Rights Council of the Guiding Principles on Business and Human Rights,[1] establishing the internationally accepted framework for the role of business in the promotion and protection of human rights.

These principles highlight the risks companies face in their activities that may be linked to human rights violations.

According to the UNGP:

Business enterprises must respect human rights. This means that they must avoid infringing on the human rights of others and must address the negative impacts on human rights in which they are involved.

For the financial services industry, a sector regularly …

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