Missing in Action? Investor Responses to the War in Ukraine

Rebecca DeWinter-Schmitt from the Investor Alliance for Human Rights, and Samuel Jones and Richard Stazinski from the Heartland Initiative write about the "Investor Response to the War in Ukraine: The Need for a Systemic Response" with a special focus on "Investment Activities in Conflict Affected Areas: The Imperative of Heightened Human Rights Due Diligence."

"At a time when investors are increasingly and (rightly) citing the the UNGPs during company engagements as the gold standard for responsible corporate behaviour, they must simultaneously recognize their own responsibilities under this framework. In the absence of decisions being made through heightened HRDD, investors run the risk of failing to meaningfully respect human rights or worse, inadvertently funding the Russian war machine."

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