Over the last few decades, there have been growing demands from clients and other stakeholders for businesses to respect human rights. Managers and company executives have been tasked with the responsibility of identifying and managing human rights issues across the operations, supply chains, and product portfolios. In Kenya, the financial sector is investing in agriculture, manufacturing, housing energy and extractive industries. Their investments have significant social, economic, and environmental impacts which in turn impact the human rights of thousands of stakeholders. This study sought to determine if the financial sector in Kenya ensures that human rights are respected during its operations, the operations of its suppliers and activities of its clients.
The study used content analysis of sustainability reports of Kenya Commercial Bank and Cooperative Banks of Kenya. The findings showed that over the years, the banks had been increasingly adhering to the human rights set out under the United Nations Human Rights standards.