news - FMO signs Dutch Banking Sector Agreement on international responsible business conduct regarding human rights

By means of this agreement, the Parties and the adhering banks aim to achieve a material positive impact for people (potentially) facing adverse human rights impacts (related to the activities of clients of the Dutch banking sector) and to search for solutions to address problems that an adhering bank cannot solve by itself. In the context of this agreement, Parties and adhering banks endeavour to cooperate on the basis of ‘knowing and showing’ because they see the added value of this approach. This joint approach is aimed at structural change. 

This agreement offers each of the adhering banks the opportunity to work with the government, unions and NGOs to address specific complex problems in a structured and solution-oriented manner.

For more information see the website of the Dutch Social and Economic Council and click here for the press release (Dutch only)