In December 2019 the Dutch Banking Sector Agreement on international responsible business conduct regarding human (DBA) rights ended after three years of hard work. Although the DBA is officially at the end of its term, a final monitoring report and an accompanying steering group statement is expected in Q2 2020.
In May 2019 Parties within the Dutch Banking Sector Agreement published a paper on enabling remediation. This paper explores the role and responsibility of banks with regard to remedy, when connected to human rights impacts through client relationships.
The parties and adhering banks to the Dutch Banking Sector Agreement (banks, civil society organizations, government and trade unions) mapped the human rights impacts in the oil & gas value chain from their collective areas of expertise.