Human rights are rights inherent to all human beings and respect for human rights is a common requirement the world over.
As our business continues to expand globally, public interest in human rights and environmental issues has been rising in many countries and regions.
In 2011, the United Nations approved the Guiding Principles on Business and Human Rights ("UN Guiding Principles"), which sets out the corporate responsibility to respect human rights.
Companies are now expected to not only work to prevent and address human rights harms in connection with their own operations and employees, but also to avoid contributing or being linked to adverse human rights impacts caused by customers or suppliers in their value chain.
As a global financial services provider, we recognize that we have the ability to affect change in the business partners in our value chain. In some cases, we are in position to take positive actions to reduce adverse impacts of human rights.
We have a long track record of respecting human rights in connection with our own business activities and employees.
The Human Rights Policy was developed in line with the UN Guiding Principles, ISO26000, and advice given by various stakeholders after we conducted research and analysis of salient human rights issues in our business activities.