Through its investments and financial activities all over the world, the banking industry is a major actor if we are to achieve sustainable development, poverty reduction and human rights. Banks finance and own countless companies, projects and activities.
Their financial services and trading activities have a huge impact on societies and the environment. Civil society groups are not only interested in ensuring the do-no-harm principle in banks’ operations, but also in progressively raising the transparency and accountability of banks, and in improving their policies and conduct on sustainable development, poverty reduction and the promotion of human rights.
In short: driving toward effective and meaningful corporate social responsibility (CSR). For this to happen, it is crucial that people receive well-researched information on bank policies and practices to inform their choices and actions as responsible citizens, i.e. bank clients.
The Fair Finance Guide (FFG) is a web-based tool enabling bank clients to make their bank more socially responsible, fair and sustainable, by assessing and scoring bank policies on a wide range of topics against international standards of sustainability and human rights.
More info here.