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...
In November 2013, the International Coordinating Committee for the Promotion and Protection of Human Rights (ICC) and the Danish Institute for Human Rights (DIHR) published Business and Human Rights: A Guidebook for National Human Rights Institutions...Read More
Trafficking in human beings is defined as a set of circumstances whereby a person is pushed into an exploitative situation by an individual or individuals taking advantage of their plight. This can manifest itself in various forms and occur in diffe...Read More
The Agricultural Labor Practices Code sets out 7 principles and 33 measurable standards that Philip Morris International expects tp be met by all its contracted farmers. child labour ...Read More
Funded by the Global Partnership to End Violence against Children through its Safe Online initiative, ECPAT, INTERPOL and UNICEF Office of Research – Innocenti worked in partnership to design and implement Disrupting Harm – a rese...Read More
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