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 2018, the United States Department of Labor’s (USDOL) International Labor Affairs Bureau (ILAB) awarded the American Center for International Labor Solidarity (also called Solidarity Center, SC) a three-year, US$2,850,000 cooperative agreement ...Read More
This report considers the legal rules, policies and practices of public procurement in Northern Ireland, and evaluates the extent to which these respect human rights. This focus is timely and aims to:– ensure the engagement by public authorities o...Read More
On December 15, 2017, USDOL/ILAB awarded Pact U.S. $2,000,000 over a three-year period to support the project entitled “Building the Capacity of Civil Society to Combat Child Labor and Forced Labor and Improve Working Conditions,” or “Pilares...Read More
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