This paper helps institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios. The paper identifies key actions for asset managers and asset owners under each step of the due diligence process and includes discussion of key considerations, such as challenges, existing practices, or regulations specific to the investment sector which may impact due diligence approaches.
The OECD Guidelines for Multinational Enterprises are recommendations addressed by governments to multinational enterprises operating in or from adhering countries. They provide non-binding principles and standards for responsible business conduct in a global context consistent with applicable laws and internationally...
Responsible business conduct is an essential part of an open international investment climate. MNE activities often span multiple countries and many cultural, legal, and regulatory environments. This complexity, coupled with the intensely competitive nature of international business, presents MNEs and...
The Framework for Action is a technical assistance tool that aims to assist United Nations Member States in the effective implementation of the United Nations Protocol to Prevent, Suppress and Punish Trafficking in Persons, Especially Women and Chil...Read More
Multi-agency partnership working is often highlighted as an essential aspect of the UK public policy response to modern slavery. The Home Office’s (2014) Modern Slavery Strategy emphasises that effective partnership work is ‘crucial’ and must ...Read More
2020 marked the five-year anniversary of the signing of the ASEAN Convention Against Trafficking in Persons, Especially Women and Children (the Convention). The ASEAN-Australia Counter Trafficking Programme (ASEAN ACT) is a 10-year partnership fu...Read More
In 2012, the Directive 2012/29/EU of the European Parliament and of the Council of 25 October 2012 establishing minimum standards on the rights, support and protection of victims of crime Union - the socalled Victims' Rights Directive -, that create...Read More
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