The Equator Principles' Relationship to Business Ethics and Human Rights

Abstract

A discussion of the latest research in the field of political CSR, Corporate Social Responsibility and the business and human rights debate, focusing on the Equator Principle (EP) frame, which is one of the most important CSR initiatives in the finance industry. The EPs are officially described as a voluntary and self-regulatory finance industry benchmark. They are used as a credit risk management framework for determining, assessing, and managing environmental and social risk in project finance transactions. The EPs are based on the International Finance Corporation