A/HRC/26/20 G. Humanitarian action 51. As previously recognized by the Secretary-General, non-State actors, including business enterprises, are increasingly involved in post-conflict or disaster construction work and integration of the Guiding Principles is therefore relevant to ensure coherence and reduce risk of adverse human rights impacts (A/HRC/21/21 and Corr.1, para. 56). Privatesector accountability for adverse human rights impacts in situations of conflict, occupation or emergency is essential in all cases. The business and human rights agenda is also relevant in the context of the development of economic activities aimed at incomegeneration for people living in long-term refugee situations. In that context, the Guiding Principles should be integrated into relevant partnerships and programmes, including through collaboration between the United Nations High Commissioner for Refugees and OHCHR, as relevant. VII. Aligning United Nations policies and procedures with the Guiding Principles 52. The 2012 report of the Secretary-General noted that like any other organization conducting commercial transactions or engaging in partnerships with business enterprises, the Guiding Principles should apply to the internal policies and procedures of the United Nations, and should be implemented effectively (A/HRC/21/21 and Corr.1, para. 75). The Secretary-General further noted that internal alignment should focus on the responsibility to avoid contributing to human rights abuses, or being involved with such abuses through relationships with business entities. A. Investment management 53. As noted in the report of the Secretary-General in 2012, the United Nations Joint Staff Pension Fund has committed to integrating the ten Global Compact principles in its activities and is a member of the United Nations Principles for Responsible Investment (A/HRC/21/21 and Corr.1, paras. 80 and 81). However, its risk management policy for investments does not currently consider human rights or environmental and social risks. 54. OHCHR has confirmed that the Guiding Principles apply to financial institutions, including private and public institutions engaged in investments and asset management.16 A number of good practices exist in this regard, such as exclusion lists for certain high-risk activities and industries, undertaking due diligence prior to investments and exercising active ownership. Alignment with the Guiding Principles would help to avoid and mitigate human rights risks from investment activities and avoid any reputational risks from investments entered into in the name of the United Nations. B. Procurement 55. The Procurement Division of the United Nations has undertaken initiatives to promote sustainability in procurements, including by raising awareness of the Global 16 12 Letter to the Chair of the Working Party of the Organisation for Economic Co-operation and Development of 27 November 2013. Available from www.ohchr.org/Documents/Issues/Business/LetterOECD.pdf.