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 objective of these non-binding ILO general principles and operational guidelines for fair recruitment (hereafter “principles and guidelines”) is to inform the current and future work of the ILO and of other organizations, national legislatur...Read More
Stakeholders and individuals can take action and make a difference for children in 2021. To find out how to make an Action Pledge, share your journey, and scale up, browse this Practical Guide. Flip through this guide to find examples of 2021 Act...Read More
Whilst this guidance is focused on debt bondage within a Criminal Exploitation and County Lines Context, this is a method of control well documented in other forms of exploitation including international trafficking and sexual exploitation. Therefor...Read More
Thousands of children affected by modern slavery are being failed by the system. There are at least 5,000 children of modern slavery victims in the UK and the majority are not getting the support they need, with many more potentially lost in the ...Read More
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