The financial services industry—from asset owners and managers to private equity, venture capital, and banks—has a catalytic effect on the behavior of business and the economy. Its vast range of financial products, services, and client relationships ripples through every industry, value chain, and transaction.

With this backdrop, the industry has enormous potential to create a global economy that puts people’s lives and the health of the planet at the center, while contributing to the realization of the United Nations UN Sustainable Development Goals. Yet efforts to do so must be grounded in an evolved approach to doing business—one that respects human rights, in line with the UN Guiding Principles on Business and Human Rights (UNGPs). 

In the “Human Rights Roadmap for Transforming Finance” report, BSR provides an overview of key areas where the industry must make progress to tackle global challenges and contribute to new financial systems that respect human rights. We highlight the materiality of human rights for financial institutions (FIs) and explain that adopting a human rights approach to finance can strengthen the impact of traditional environmental, social, and governance (ESG) practices. In particular, the report elaborates on the call to action set out in the UNGPs 10+ Roadmap for the next decade of business and human rights for FIs—from adapting core business and driving respect for human rights in financial markets to engaging with people affected by FI value chains and ensuring that victims of harm have access to remedy. The report concludes with next steps for transforming finance.

Transforming Finance: Priorities for Progress in the Next Decade for the Implementation of the UN Guiding Principles on Business and Human Rights - Business for Social Responsibility (BSR), April 2022 DOWNLOAD














Independent Anti-Slavery Commissioner: Annual Report 2021-2022

This is my third and final annual report as the Independent Anti-Slavery Commissioner. This review accounts for my work, and that of my small team, in support of the objectives set in my Strategic Plan 2019-2021 which was laid before Parliament b...Read More

Updated Guide to Ethics and Human Rights in Anti-Trafficking: Ethical Standards for Working with Migrant Workers and Trafficked Persons in the Digital Age

Prepared by Lisa Rende Taylor and Mark Latonero. As digital technologies such as mobile phones and social media are permeating the lives of people across the globe, more organizations working in anti-trafficking and responsible sourcing are seek...Read More

An Ethical Framework for Cross-Border Labor Recruitment: An Industry/Stakeholder Collaboration to Reduce the Risks of Forced Labor and Human Trafficking – Verite and Manpower Group, 2012
GuidanceStandards & Codes of ConductPublications

The Ethical Framework for Cross Border Labor Recruitment offers a set of specific operational practices (“Standards of Ethical Practice”) for recruitment firms that operate across borders. These practices are reinforced by a Verification and Cer...Read More

What works to end modern slavery? A review of evidence on policy and interventions in the context of justice

The purposes of the study was to examine what is known about effective policy to achieve SDG Target 8.7 in the context of justice, by: (1) collecting and collating existing evidence on what works; (2) identifying the range of claims and hypotheses c...Read More