2.1 Due diligence
Does the bank describe how it carries out human rights due diligence?
About the data
The BankTrack Global Human Rights Benchmark is an independent assessment of the world’s largest commercial banks, measuring how they respect human rights in their policies, practices, and business relationships. Built on the UN Guiding Principles on Business and Human Rights, the benchmark evaluates banks across key themes, including policy commitments, due diligence, remedy, and specific issues such as the protection of human rights defenders, free, prior, and informed consent, and environmental rights.
Why this metric is important: Human rights due diligence (HRDD) is at the heart of the UN Guiding Principles approach to identifying, avoiding and mitigating adverse human rights impacts. Businesses including banks need to “know and show” that they respect human rights, and to do this they should describe how they carry out HRDD.
Why this metric is important: Human rights due diligence (HRDD) is at the heart of the UN Guiding Principles approach to identifying, avoiding and mitigating adverse human rights impacts. Businesses including banks need to “know and show” that they respect human rights, and to do this they should describe how they carry out HRDD.
Methodology
Requirements for full and half score:
Full score: The bank describes how it carries out human rights due diligence, for example describing its process for identifying and assessing human rights impacts and its decision-making criteria. This extends across its entire business operations, including impacts linked to the bankʼs finance.
Half score: The bank describes how it carries out human rights due diligence, but this is limited in scope to certain sectors or business areas only.
Full methodology can be found in the report.
Full score: The bank describes how it carries out human rights due diligence, for example describing its process for identifying and assessing human rights impacts and its decision-making criteria. This extends across its entire business operations, including impacts linked to the bankʼs finance.
Half score: The bank describes how it carries out human rights due diligence, but this is limited in scope to certain sectors or business areas only.
Full methodology can be found in the report.
License
Framework Mappings
Value Type
Category
Options
Yes
Partially
No
Assessment
Steward Assessed