The Danish Institute for Human Rights publishes
a case study on LBP AM's human rights investment approach
Link
TThe Danish Institute for Human Rights has just updated its report on human rights due diligence in downstream value chains. In this new version, the Institute has included the case of LBP AM to illustrate how the management company takes into account the impact of investments on human rights.
As a pioneer of Socially Responsible Investment (SRI), LBP AM has been selected by the Danish institute to illustrate, in its report, how human rights are taken into account in the asset management sector. The report aims to shed light on how companies carry out human rights due diligence down the value chain.
Risk mapping: the LBP AM method
"We are committed to respecting human rights in our investment activities, and expect similar conduct in our business relationships, especially from the companies in which we invest. Understanding the potential impact of companies on human rights and populations is a fundamental first step in honoring this commitment. Understanding the potential impact of companies on human rights and populations is a fundamental first step in honoring this commitment," says Guillaume Lasserre, Deputy Chief Investment Officer, LBP AM.
To fulfill this responsibility, the Institute points out that we address human rights risks across all our investments through risk mapping. "LBP AM systematically analyzes and evaluates key industries to identify salient human rights risks specific to each sector invested in, and engages with individual companies to encourage them to develop strategies to prevent, mitigate and remediate them," reads a statement from The Danish Institute for Human Rights.
In this case study, the Danish institute notes that collective engagement enables us to amplify our voice on global issues where our influence might be limited, not least because of very low equity ownership. This is why we work with peer investors and associations such as Advance, the Forum for Responsible Investment (FIR) and the Alliance of Investors for Human Rights.