3.1 Reporting
Does the bank report formally on how it addresses risks of severe human rights impacts?
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: Banks need to communicate how their commitment to respect human rights is implemented in practice. Reporting on human rights, whether in a stand-alone human rights report or integrated with other reporting, is needed for banks to show the impact of their policies in terms of practical action to manage, prevent and mitigate risks of severe human rights impacts.
Why this metric is important: Banks need to communicate how their commitment to respect human rights is implemented in practice. Reporting on human rights, whether in a stand-alone human rights report or integrated with other reporting, is needed for banks to show the impact of their policies in terms of practical action to manage, prevent and mitigate risks of severe human rights impacts.
Methodology
Requirements for full and half score:
Full score: The bank reports formally on how it addresses its main risks of human rights impacts.
Half score: The bank reports on some internal human rights developments (e.g. policy developments, training carried out, data on human rights related internal complaints), but this does not include reporting on how it addresses its main risks of human rights impacts. Or, the bank reports formally on what its main risks of human rights impacts are, but it doesnʼt detail how it addresses them.
Full methodology can be found in the report.
Full score: The bank reports formally on how it addresses its main risks of human rights impacts.
Half score: The bank reports on some internal human rights developments (e.g. policy developments, training carried out, data on human rights related internal complaints), but this does not include reporting on how it addresses its main risks of human rights impacts. Or, the bank reports formally on what its main risks of human rights impacts are, but it doesnʼt detail how it addresses them.
Full methodology can be found in the report.
License
Framework Mappings
Value Type
Category
Options
Yes
Partially
No
Assessment
Steward Assessed