PiC and Praxis organised regional and national consultations on the draft National Action Plan on Business and Human Rights late last year. Through these consultations, we reached out to about 200 organisations, many of them grassroots organisations, including human rights defenders in Jaipur, Guwahati, Bhubaneswar, Bangalore and Delhi. The discussions with them fed into the development of a paper named – Voices from the Margins: Community Consultation Report on National Action Plan on Business and Human Rights. Please read the report here.
In a positive development, Ministry of Corporate Affairs has come out with the Zero Draft of the National Action Plan on Business and Human Rights in the second week of March.
PiC Working Papers on Responsible Banking examine the financial sector from the perspectives of social equity, human rights and sustainable development. They reflect the view that CSR for the financial sector ultimately means being accountable to a broad range of external as well as internal stakeholders.
Why be responsible? The case for being a good bank considers three ethical justifications for responsible banking.
Banks, Financial Institutions and the India Responsible Business Index: Analysing Commitments uses publically disclosed data to assess financial sector commitments to promoting social inclusion.
Disclosure can stop cronyism: How irresponsible lending can be stopped through transparent public disclosure makes the case for transparency and more proactive disclosure in the context of the NPA crisis and the phenomenon of willful defaulting.
Whither sustainability? Indian banks and the Equator Principles considers the Equator Principles and their uptake in India. It identifies the need for action to promote sustainability of the financial sector and sustainable development more broadly.