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 Modern Slavery and Organised Immigration Crime Programme continues to build on the work undertaken in previous years. In 2021-22 the programme continued to drive improvements in the identification of victims and improve Modern Slavery criminal j...Read More
Rapid appraisal research was carried out by Verité and REACH (Research-Education- Action-Change) on labour conditions in Guatemalan sugarcane production in late 2016. Researchers conducted a literature review, expert consultations, unstructure...Read More
This toolkit aims to help companies that work in corporate supply chains to quickly identify areas of their business which carry the highest risk of modern slavery and develop a simple plan to prevent and address any identified risks. It is designed...Read More
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