Banks are financing (parts of) the palm oil value chain and according to the United Nations Guiding Principles on Business and Human Rights (UNGPs), they should avoid infringing human rights and address adverse human right impacts with which they are involved. This analysis helps parties and adhering banks to address human rights risks in palm oil collectively and individually.
On 10 July, the Dutch financial sector signed a commitment to contribute to the national Climate Agreement. The Carbon Accounting Financials Platform has developed a method to calculate the CO2 impact of investments.
Parties in the Agreement in the insurance sector have jointly worked out a second case for international responsible investment (IMVO).
The Agreement on Sustainable Garments and Textile has started a collaboration with the international website Open Apparel Registry (OAR).
Various good examples of cooperation on themes such as gender and living wages by companies provided much inspiration during the participants’ day on July 2nd. Over a hundred people from participating parties and companies in the Agreement on Sustainable Garments and Textile were present to learn from each other and to strengthen the collaboration.
Human Rights Organisation Arisa has conducted a risk assessment in the supply chain of signatories to the Agreement on Sustainable Garments and Textile (AGT) in Tamil Nadu (India).
The financial sector wants to actively contribute to the financing of the energy transition.
Agreement on Sustainable Garments and Textile: Openness about risks in sector 'the new normal'
Companies are opening up about malpractices that they have encountered in garments and textile manufacturing – and what they are doing in response. Some fifty brands that have participated in the Dutch Agreement on Sustainable Garments and Textile since the very start will be making their findings public no later than today.
The International Responsible Business Conduct (IRBC) Agreement for the floricultural sector was signed at the World Horti Center in Naaldwijk today. The Dutch floricultural sector has joined forces with the Dutch government, a trade union and an NGO to agree on a more responsible approach to international production of and trade in ornamental plants.