Transactions

[Checklist] Human Rights in Joint Venture Legal Agreements

AUGUST 2022 – The following is a sample checklist of human rights-related contractual terms in a natural resource joint venture. This checklist is designed for use by a joint venture partner (“the Company”) that does not operate or control a joint venture and relates to joint venture agreements (“JVAs”) and, where present, concession agreements between the partners and the host government. These terms and concepts can also be adapted for joint operating agreements where a partner, and not the venture itself, operates the business. Including these terms in joint venture legal agreements could provide protections, transparency, and influence with respect to human rights and local community issues. For additional details on how companies can include contractual terms in joint venture agreements to fulfill their corporate human rights commitments, please see our recent report, “Time to Stand Up: Elevating Human Rights in Joint Venture Legal Agreements.”


1 list available at https://equator-principles.com/members-reporting
2 list available at https://www.unepfi.org/psi/signatory-companies

Source: Ankura


For more information on how to address human rights and local community issues in your joint venture, or to discuss questions or concerns specific to your organization, please contact Ankura’s Joint Venture and Partnership Practice.

About the Author

Neetin Gulati

Neetin Gulati is a Senior Director at Ankura based in New York who specializes in advising clients on structuring and negotiating complex transactions, and, in particular, joint venture-related transactions. He has worked across a wide range of transaction types, including M&A, divestitures and spin-offs, minority equity investments, joint ventures, alliances and partnerships.

Comments

Leave a comment

Your email address will not be published.

Subscribe to the

Joint Venture Alchemist Newsletter

Sign up below to receive the latest joint venture updates from Ankura.

"*" indicates required fields