5. National Action Plan on Business and Human Rights

Section 5.7.3 The State-business nexus

Guiding Principle 4 [page 23]

PI18 Requirement that business enterprises covered by Swiss Export Risk Insurance (SERV) conduct human rights due diligence

The guidelines are intended, among other things, to improve protection against human rights abuses by business enterprises, and they are largely recognised as an international standard by export credit agencies and export insurance providers. (…) Unlike many other export credit agencies, SERV does not grant any export credits themselves (known as direct lending), but instead offers only insurance and guarantees (known as pure cover).