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Due diligence guidance 2018

 

31/5/2018 - The OECD Due Diligence Guidance for Responsible Business Conduct provides practical support to enterprises on the implementation of the OECD Guidelines for Multinational Enterprises by providing plain language explanations of its due diligence recommendations and associated provisions. Implementing these recommendations can help enterprises avoid and address adverse impacts related to workers, human rights, the environment, bribery, consumers and corporate governance that may be associated with their operations, supply chains and other business relationships. The Guidance includes additional explanations, tips and illustrative examples of due diligence.

 

This Guidance also seeks to promote a common understanding among governments and stakeholders on due diligence for responsible business conduct. The UN Guiding Principles on Business and Human Rights as well as the ILO Tripartite Declaration of Principles Concerning Multinational Enterprises and Social Policy also contain due diligence recommendations, and this Guidance can help enterprises implement them.

In order to promote the effective observance of the Guidelines, the OECD has developed sectoral guidance which helps enterprises identify and address risks to people, the environment and society associated with business operations, products or services in particular sectors. The sectoral guidance establishes a common understanding among governments, business, civil society and workers on due diligence for responsible business conduct, and can enable business to build supply chain resilience, manage uncertainty and drive long-term value.

Extractive sector

This guidance for practitioners in the mining, oil and gas industries addresses the challenges raised when engaging with stakeholders.

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Mineral supply chains

This due diligence guidance helps companies respect human rights and avoid contributing to conflict through their mineral purchasing decisions.

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Agricultural supply chains

This OECD/UN FAO guidance helps enterprises observe standards of responsible business conduct in the agricultural supply chain.

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Garment supply chains

This guidance helps brands and retailers observe standards of responsible business conduct in garment and footwear supply chains.

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Financial sector

Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. 

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