Access to essential goods and services during war is critical. In many cases, people’s lives depend on it. The subject introduces many complex questions. What goods and services are essential in the war? Is it the exclusive responsibility of the state to provide access to these services? What role do private providers of essential services and goods play? How can employees’ safety be balanced with the need to ensure access to essential goods and services? Do private providers have broad discretion in deciding to stop their work, regardless of the motive for such a decision, and regardless of the degree of influence of such a decision on the local population? What is the impact of the business operating environment (ongoing active conflict; occupied territory; other conflict-affected areas) on the provision of essential goods and services? Does the corporate responsibility to respect human rights include all possible efforts of a company to prevent or mitigate the negative impact of conflict on human rights?
This short paper is intended as a general overview of the development of different legislations and frameworks that apply in the area of finance and human rights, underlining key aspects. It comprises EU regulation (in force and upcoming), national ...Read More
Unlocking Potential: A Blueprint for Mobilizing Finance Against Slavery and Trafficking is the final report of the Liechtenstein Initiative for a Financial Sector Commission on Modern Slavery and Human Trafficking, which has now formed Finance Again...Read More
The forthcoming Modern Slavery Bill, announced in the 2022 Queen’s Speech, presents a significant opportunity for the UK Government to implement its outstanding commitments in relation to strengthening Transparency in Supply Chains (TISC) provisio...Read More
On 24 February 2022 the Russian Federation launched a full-scale invasion of Ukraine. It marked a major escalation in the conflict in Ukraine’s Donbas region that has been ongoing since Russia illegally annexed Crimea in 2014. Many milli...Read More
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