Case example – screening and due diligence phase
As an example, if you are currently considering investing in or providing a loan to a company that develops FinTech (financial technology) solutions. If the solution is targeted at individual persons, it will be important to already at this early stage consider what the broader human rights risks might be with the project so that any preventive measures can be taken.
Case example – monitoring phase
If you, instead, have already invested in or provided a loan to a company that develops FinTech (financial technology) solutions. If the FinTech solution will have impacts on individuals, through e.g. automated credit risk scoring, it will be important to apply a broader human rights lens to the project in order to take preventive measures to address potential future impacts, or to mitigate any impacts that may have already occurre (such as impacts on right to equality and non-discrimination or the right to an adequate standard of living).
Case example – ‘Planned use of digital tool’ or ‘Currently using a digital tool’
Though a renewable energy project as such might not be considered a digital project, it may well be that digital solutions are planned to be used within that project, for specific purposes. For example, there might be a requirement that the project developer use a digital communication or social media platform to engage with local stakeholders. In this case, the correct option would be to select either ‘Planned use of tool’ or ‘Currently using a digital tool’, and to use this Digital Rights Check to assess what the human rights risks involved in using that tool might be.