At NatWest Group, we understand that businesses have an important role to play in promoting respect for human rights. Our approach is informed and guided by internationally recognised human rights standards including the United Nations Guiding Principles on Business and Human Rights (UNGPs).
In December 2023 we published our Salient Human Rights Issues (PDF 358KB).
We have established a policy framework to respect and promote human rights with our customers, our colleagues and our suppliers. These are reflected in our Human Rights Position Statement (PDF 1.3MB) which was reviewed and updated in 2022.
We regularly engage with stakeholders around our responsibilities to respect human rights and are members of the Thun Group, which discusses how the financial services sector can incorporate and embed the UNGPs into their due diligence processes. Throughout 2023, we participated in several indices and benchmarks which helped to inform our activity and identify opportunities to continually improve and evolve our approach.
We have established a Human Rights Action Group, a management group that brings representatives from across NatWest Group together to coordinate our activities, and to make recommendations to the NatWest Group Executive Committee and Board to develop and strengthen our approach.
We are continually evolving our approach and our Sustainable Banking team welcome any input or feedback from stakeholders.
