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Glossary

Voluntary Principles on Security and Human Rights

The Voluntary Principles Initiative

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Overview

The Voluntary Principles Initiative is a multi-stakeholder initiative that promotes the implementation of a set of principles to guide companies on providing security for their operations while respecting human rights.

The Voluntary Principles on Security and Human Rights help companies understand the environment they are operating in, identify security-related human rights risks, and take meaningful steps to address them. Although originally developed for the extractive and energy sector, the principles are today implemented by a variety of industries.rnrnMany prominent 3rd party assured standards applicable to mining and oil and gas production require the implementation of the Voluntary Principles on Security and Human Rights.

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About

Name
Voluntary Principles on Security and Human Rights
Owner(s)
The Voluntary Principles Initiative
First Published
2000
Licensing Terms
Open Access
Number of Participants
50-100
Applicable Size of Entity
Agnostic/All

Governance

Scheme Holder Type
Civil Society Organisation – An organisation serving the interest of its members or citizens that is distinct from business or government. Civil society organisations can be in the private or family sphere and be non-profit initiatives, non-governmental organisations, and social enterprises.
Core Focus
Operating standard – A standard that sets expectations for the sustainability performance of a standard-holding organisation’s own operations
Claim Type
Business practice performance