Human rights

Human rights in the target countries

It is well known that human rights problems have been identified in several of Finnfund’s target countries. Through its activities and participation, Finnfund aims to promote human rights in the projects it finances by using the means available to it.

Generally, one of the conditions for receiving financing from Finnfund is that the investee company must, by way of agreement, undertake to comply with the core labour standards of the International Labour Organization (ILO) as well as the Performance Standards on Environmental and Social Sustainability of the International Finance Corporation (IFC), a member of the World Bank Group. Human rights issues are addressed extensively by both standards.