On September 24, 2014, President Obama announced that the U.S. government would work with the U.S. private sector and other stakeholders to develop a National Action Plan (NAP) to promote responsible business conduct (RBC) by U.S. companies operating abroad. This effort marks the first time the U.S. government has undertaken a whole-of-government process to focus, improve, and expand its efforts to promote RBC.
RBC is a broad concept based on the idea that businesses can perform well while doing good and that governments should set and facilitate the conditions for RBC to take place. The concept places particular importance on two aspects of the business-society relationship: (1) emphasizing and accentuating the positive contributions businesses can make to economic, environmental, and social progress; and (2) recognizing and avoiding possible adverse impacts of business conduct, as well as addressing them when they occur.
This note provides preliminary guidance for practitioners and policy makers on key issues to consider in ensuring access to justice in the context of the COVID-19 crisis. It is divided into three sections, Preparation, Response and Recovery. While t...Read More
This Operational Alert updates FINTRAC’s 2016 Operational Alert “Indicators: The laundering of illicit proceeds from human trafficking for sexual exploitation” with additional indicators in support of Project Protect to assist reporting entiti...Read More
KnowTheChain's Investor snapshot on Forced Labour in the Construction Sector highlights why investors should be concerned about forced labour risks in the construction sector, what the sector is doing to address these risks, and what action investor...Read More
Many key questions and serious concerns hang over the ethical audit regime. These include: are audits effective in identifying non-compliance and driving up standards, what does the audit regime mean for governments and NGOs, where does power lie wi...Read More
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