-
Samenvatting
This article focusses on the role of banks in the area of human rights and corporate lending. By including contractual provisions on human rights in loan documentation, banks can manage human rights risks. Banks could hereby build on the emerging practice of the ‘sustainability linked loans’ by including predetermined sustainability targets focused on human rights. The international loan market currently lacks a level playing field on including human rights provisions. This article concludes with providing guidance for human rights provisions in loan agreements, based on standard loan market (LMA) documentation.
Inhoud
- 1 Introduction
- 2 Why banks care about human rights
- 3 How contractual provisions could support human rights due diligence
- 4 Why banks are hesitant to include human rights provisions in loan documentation
- 5 The potential of sustainability linked loans in the area of human rights
- 6 A global standard on human rights provisions in corporate lending
- 7 Practical guidance for human rights provisions
- 8 Conclusion
- ↑ Naar boven
Onderneming en Financiering |
|
| Case | Human Rights Provisions in General Corporate LendingHow banks could implement their responsibility to respect human rights by including human rights provisions in corporate lending documentation |
| Trefwoorden | Banks, Human rights, Corporate lending, Sustainability linked loans, LMA |
| Auteurs | Mr. W.B. de Boer en Prof. M. Scheltema |
| DOI | 10.5553/OenF/157012472020028001006 |
| Auteursinformatie |