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...
This document aims to explain and provide details about the trafficking situation in Vietnam and provide insight into the general profile of traffickers and the crime of human trafficking. While the data source is limited, it provides some insight a...Read More
The case studies described in this brief reveal that there are benefits for suppliers to implementing social and environmental improvement programs, including improved workforce productivity, cost savings, and stronger competitiveness. Buyers also b...Read More
Quality education and training lays the foundation for the economic and social development not only of individuals but of society as a whole. Yet, many lack opportunities to acquire relevant knowledge and skills that would allow them to earn a decen...Read More
This document calls on businesses to prohibit worker document retention and gives best practice guidance.
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