Our own core values and stakeholder dialogue prompted Van Lanschot Kempen to become a signatory to five international sets of corporate social responsibility principles, committing us to incorporate key environmental, social and governance (ESG) themes – human rights, labour standards, environment, anti-corruption – in our company processes and also to engage our stakeholders on these themes where possible and pertinent.
A brief summary of the principles and guidelines we have committed to:
UN Global Compact
The United Nations Global Compact charter comprises ten universal principles for companies addressing human rights, labour standards, the environment and anti-corruption. These principles are derived from the Universal Declaration of Human Rights, the guidelines of the International Labour Organisation (ILO), the Rio Declaration on Environment and Development, and the UN Convention against Corruption.
Principles for Responsible Investment
The Principles for Responsible Investment (PRI) provide a framework for incorporating environmental, social and governance criteria in Van Lanschot’s investment policy. By signing these principles, the bank has committed to observe these criteria when executing its investment policy.
International Labour Organisation
We endorse the principles of the International Labour Organisation (ILO), whose conventions and recommendations set down employee rights. We are committed to respect these rights in our own organisation and will engage our stakeholders on these themes where possible and pertinent.
UN Guiding Principles on Business and Human Rights (UNGP)
The Guiding Principles on Business and Human Rights (UNGP) are an instrument consisting of 31 principles implementing the United Nations ‘Protect, Respect and Remedy’ framework on this issue of human rights and transnational corporations and other business enterprises. Developed by the Special Representative of the Secretary-General (SRSG) John Ruggie, these Guiding Principles provided the first global standard for preventing and addressing the risk of adverse impacts on human rights linked to business activity, and continue to provide the internationally accepted framework for enhancing standards and practice regarding business and human rights. The United Nations Human Rights Council unanimously endorsed the UNGP on 16 June 2011.
OECD Guidelines for Multinational Enterprises (OECD GL)
The OECD GL are recommendations addressed by governments to multinational enterprises operating in or from adhering countries. They provide non-binding principles and standards for responsible business conduct in a global context consistent with applicable laws and internationally recognised standards. The Guidelines aim to promote positive contributions by enterprises to economic, environmental and social progress worldwide, and are supported by a unique implementation mechanism of National Contact Points (NCPs), agencies established by adhering governments to promote and implement the Guidelines. The NCPs assist enterprises and their stakeholders to take appropriate measures to implement the Guidelines and also provide a mediation and conciliation platform for resolving practical issues that may arise.