2.3 Allocating responsibility
Does the bank clearly allocate responsibility for addressing human rights impacts to specific levels and functions within the business enterprise?
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: Allocating responsibility for addressing human rights impacts clearly in a bank’s due diligence process is part of ensuring that the findings of the bank’s impact assessments are effectively integrated across the business. Describing the differentiated responsibilities of staff and the referral and escalation processes is an indicator of a well-elaborated due diligence process.
Why this metric is important: Allocating responsibility for addressing human rights impacts clearly in a bank’s due diligence process is part of ensuring that the findings of the bank’s impact assessments are effectively integrated across the business. Describing the differentiated responsibilities of staff and the referral and escalation processes is an indicator of a well-elaborated due diligence process.
Methodology
Requirements for full and half score:
Full score: The bank details differentiated responsibilities of staff in different functions (e.g. business development, relationship managers, analysts, ESG staff) including referral and escalation processes and ultimate responsibilities.
Half score: For example, the bank details limited information on the main teams responsible for assessing human rights due diligence.
Full methodology can be found in the report.
Full score: The bank details differentiated responsibilities of staff in different functions (e.g. business development, relationship managers, analysts, ESG staff) including referral and escalation processes and ultimate responsibilities.
Half score: For example, the bank details limited information on the main teams responsible for assessing human rights due diligence.
Full methodology can be found in the report.
License
Topics
Framework Mappings
Value Type
Category
Options
Yes
Partially
No
Assessment
Steward Assessed