RESPONSIBLE BUSINESS CONDUCT
Responsible business conduct (RBC) sets out an expectation that all businesses – regardless of their legal status, size, ownership or sector – avoid and address negative impacts of their operations, while contributing to sustainable development in the countries where they operate.
The OECD Guidelines for Multinational Enterprises on Responsible Business Conduct are recommendations addressed by governments to multinational enterprises on how to act responsibly
The OECD Due Dilligence Guidance for Responsible Business Conduct and related sectorial guidances help companies understand and implement due diligence recommendations
One of the key tasks of the National Contact Point (NCP) for RBC is to contribute to the resolution of issues related to the application of the OECD Guidelines
To promote effective adherence to the OECD Guidelines, the OECD has developed sector-specific guidances and analyses to assist companies in identifying and addressing risks to people, the environment, and society associated with their business, products, or services.
The guidance covers key considerations for institutional investors in conducting due diligence to identify and respond to environmental and social risks.
1.
Financial Sector
The guidance provides a practical framework for identifying and managing risks related to responsible supply chains and stakeholder engagement and consultation activities.
2.
Extractive Sector
The guidance covers parts related to the due diligence of specific risk areas, including: child labour, forced labour, occupational health and safety, trade unions and collective negotiation, and environmental protection.
3.
Responsible Supply Chains in the Garment & Footwear Sector
OECD and UN FAO have developed guidance to help companies comply with standards of responsible business behavior in the agricultural supply chain.
4.
agriculture
The digital economy significantly impacts the global business environment and the implications of digitalization for responsible business are manifold.
5.
Responsible Digitalization
The pharmaceutical sector plays a central role in public health and global well-being, but it also faces a range of responsible business conduct risks.
6.
Pharmaceutical sector
Protecting workers, the environment and local communities in construction and infrastructure projects
7.
Construction sector
Responsible supply chains in electronics and vehicle manufacturing, from raw minerals to batteries and components
8.
Electronics and vehicle manufacturing
Protection and preservation of the environment are key to achieving sustainable development and the goals of the Paris Agreement.
9.
Responsible business conduct and the environment
Integration of responsible business conduct into global value chains can contribute to more resilient and sustainable global value chains.
10.
Responsible business conduct and trade
Oil and gas supply nearly a third of the world’s energy and underpin transport, heating, industry and consumer goods manufacturing
11.
Oil and Gas Sector
NATIONAL CONTACT POINT FOR RBC
The National Contact Point (NCP) for Responsible Business Conduct is an entity established by each government that has adhered to the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct.