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...
At the beginning of 2020 1 in 10 children aged 5 and over were involved in child labour worldwide – equating to an estimated 160 million children, or 63 million girls and 97 million boys. Despite significant progress in reducing child labour in th...Read More
Workers are recruited via unlicensed third-party agencies. Use of unlicensed third-party agencies increases the risk of labor exploitation. Workers pay for recruitment, employment or repatriation fees. Costs associated with employment can place ...Read More
Issara Institute, founded in 2014, has been working on advancing more ethical recruitment practices within supply chains since its founding, including work on aspects of ethical recruitment such as more transparent, ethical terms of engagement, more...Read More
This Practitioner Guide presents existing research and evidence on the protection and support of trafficking victims, including issues and challenges faced and practices that may enhance it. It is part of the NEXUS/RSO Practitioner Guide series: Imp...Read More
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