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...
Temporary work visas are intended to provide decent jobs to migrant workers while helping U.S. businesses meet their labor needs by filling mostly low-wage jobs that would otherwise sit vacant. Policymakers often refer to the migrants who come to th...Read More
Research team: Michael C. Seto, Royal Ottawa Health Care Group; Cierra Buckman, Johns Hopkins University; R. Gregg Dwyer, Medical University of South Carolina; Ethel Quayle, University of Edinburgh. The primary objective in this project was to de...Read More
Forced labor, trafficking, and modern slavery (referred to collectively herein as forced labor) are human rights abuses persistent in global supply chains. The International Labour Organization (ILO) estimates that, in 2016, 16 million people&n...Read More
Hershey is the largest producer of chocolate in North America, a leading snack maker in the U.S., and a global leader in chocolate and non-chocolate confectionery. Hershey operates 14 factories in six countries and employs more than 16,000 people wo...Read More
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