The NGO Shipbreaking Platform, a global coalition of
human rights, labor rights and environmental organizations working to prevent
dangerous and dirty ship recycling practices worldwide, has made available a
report titled Case study: Dutch banking groups and shipbreaking on its website.
This is the English version of a report initially published by the Dutch
consultancy Profundo, on behalf of the Eerlijke Bankwijzer (Fair Bank Guide),
an initiative that aims at providing information to the public on how banks
invest their funds, and FNV Mondiaal, a trade union organization.
The report highlights the dangerous working
conditions in the shipbreaking yards in South Asia (India, Bangladesh and
Pakistan) and remaining challenges in ship recycling yards in China, and calls
on Dutch banking groups and asset managers to pay more attention to
shipbreaking, particularly when screening shipping companies in which they
choose to invest.
The report thus analyses how the 11 leading Dutch
banking groups and asset managers take into consideration international labor
rights standards, and explains whether the banking groups and asset managers
keep these in mind when screening companies. It mentions the risk assessments
the 11 banking groups and asset managers have in place, and what instruments
they use to get in touch with shipping companies so that eventually working
conditions in the shipbreaking yards can be improved.
“This study clearly explains how banking groups and asset
managers in the Netherlands deal with a sensitive issue like shipbreaking,”
said Patrizia Heidegger, Executive Director of the NGO Shipbreaking Platform.
“We hope it will be a good example of what banks and investors can do to ensure
that the shipping companies they work with develop a clean, safe and fair ship
recycling policy which encompasses the principles of corporate social
responsibility. Responsible investors must use their power to influence the
business practices of the companies they invest in.”
Link to the full report: http://www.shipbreakingplatform.org/shipbrea_wp2011/wp-content/uploads/2014/06/Case-Study-Dutch-banks-and-shipbreaking-FBG-121115-EN-140603.pdf
No comments:
Post a Comment