Worker & Human Rights
The Office of Investment Policy (OIP) implements policies that are consistent with OPIC’s statutory requirements on worker rights.
The ESPS provides applicants notice of the general environmental and social (including labor and human rights) requirements that OPIC applies in evaluating prospective projects seeking OPIC support and monitoring on-going OPIC-supported projects. These environmental and social requirements apply to all projects supported through OPIC insurance, reinsurance, direct loans, or investment guaranties. The ESPS adopts, as a standard for the environmental and social review process, the International Finance Corporation’s Performance Standards on Social and Environmental Sustainability and any subsequent revisions to those standards.
OPIC ensures through its processes that projects receiving OPIC support:
- Respect human rights, including the rights of workers.
- Are undertaken in countries that are taking steps to adopt and implement laws that extend internationally recognized worker rights.
The protection of human rights is essential to successful OPIC-supported projects. OPIC’s project human rights review is designed to ensure that OPIC-supported projects meet their statutory requirements, as required by the Foreign Assistance Act of 1961. For each project seeking OPIC support, OPIC works in close consultation with the U.S. Department of State prior to making a final commitment.