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 briefing supports investors to engage with companies on their actions to tackle modern slavery and human trafficking in their operations and supply chains. It provides investors with: A rationale for engagement: modern slavery risks are perva...Read More
The guidelines aim to improve global supply chain governance, due diligence and remediation processes to advance the progressive elimination of child labour. The Child Labour Guidance Tool was created jointly by the International Labour Organization...Read More
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
In many ways, our understanding of the links between modern slavery and humanitarian crisis is still nascent. Just over five years ago, the United Nations held its first thematic debate on human trafficking, specifically condemning, “in the strong...Read More
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