#mhredd — Public Fediverse posts

Today we release the new BankTrack Global Human Rights Benchmark 2022, assessing 50 large commercial banks on their implementation of the #UNGPs.

We find no commercial banks fully meeting the Guiding Principles - a minimum requirement for business. And more than 3/4 of banks score less than half marks.

All banks covered need to raise their game to respect human rights, and the slow pace of voluntary action shows the need for strong #mHREDD legislation.

https://www.banktrack.org/article/new_human_rights_assessment_of_banks_shows_slow_progress_and_lack_of_action_to_address_key_gaps_on_reporting_and_remedy