OECD Responsible Business Conduct Policy Reviews: Ecuador
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The OECD Responsible Business Conduct (RBC) Policy Review of Ecuador seeks to foster the role of the Government in promoting business practices that maximise the contribution of enterprises to sustainable development and prevent and mitigate the adverse impacts that their activities, supply chains and/or business relationships may cause or contribute to causing on people, the planet, and society.
The Review examines the legislation, regulations and policies of Ecuador in the main areas covered by the OECD Guidelines for Multinational Enterprises, including human and labour rights, the environment, and the fight against corruption. It also analyses how the Government can leverage and incentivise responsible business practices in its role as an economic actor (i.e., through public procurement and state-owned enterprises) and through other policy areas that can shape business conduct, particularly trade and investment policies. The Review formulates actionable recommendations in those different areas.
The Review constitutes a reference document and a valuable tool to support the Ecuadorian Government in the construction of an enabling policy and regulatory framework that drives, supports and promotes responsible business practices. This is becoming increasingly important to thrive in the global economy and strengthen economic, social and environmental progress. As such, the Review represents an important input to promote the RBC agenda in Ecuador, as well as for the development of the country’s National Action Plan on Business and Human Rights.
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 6 December 2022 | 9:30 a.m. (Quito) / 3:30 p.m. (Paris)  Virtual Event
Agenda (available only in Spanish)
The launch event of the OECD Responsible Business Conduct Review of Ecuador presented the main findings and recommendations of the Review and gathered the views of representatives of the Government of Ecuador thereon. In addition, the event allowed for a discussion with representatives from Ecuadorian business associations, trade unions, civil society organisations, as well as indigenous and afro-Ecuadorian peoples. The International Labour Organisation (ILO) and the Office of the United Nations High Commissioner for Human Rights (OHCHR) also participated in the event as partners of the OECD in the implementation of the Project “Responsible Business Conduct in Latin America and the Caribbean,” which is funded by the European Union.
The event was opened by high-level remarks from the following representatives of the European Union, the Government of Ecuador and the OECD:
It then continued with a presentation of the Review and a discussion on its relevance for the development of the National Action Plan on Business and Human Rights of Ecuador, with the following representatives of the OECD, ILO, and OHCHR:
Following the presentation of the Review, a panel moderated by Germán ZARAMA, Focal Point and Policy Analyst for Latin America and the Caribbean at the OECD Centre for Responsible Business Conduct and comprised of the following representatives of Ecuadorian business associations, trade unions, civil society organisations, as well as indigenous and afro-Ecuadorian peoples, discussed the opportunities and challenges for promoting RBC in Ecuador:
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For more information, please contact: Marie Bouchard | Policy Analyst Germán Zarama | Regional Focal Point Join the conversation and learn more |
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