Promoting Responsible Business Conduct in Latin America and the Caribbean
The Responsible business conduct in Latin America and the Caribbean project, implemented together with the International Labour Organization (ILO), the United Nations Office of the High Commissioner for Human Rights (OHCHR), aims to promote smart, sustainable and inclusive growth in the region by supporting responsible business conduct practices in line with international instruments. It is the first time these three organisations join forces with the support of the European Union to promote responsible business conduct within the framework of a joint regional project.
Under the second pillar of the project, the OECD supports businesses in LAC to strengthen their knowledge and capacity to carry out due diligence for responsible business conduct in accordance with OECD guidance. These activities focus on supply chains in the following priority sectors agriculture, minerals/extractives, financial, and garment/footwear sectors.
As part of this action, the OECD conducted a firm-level survey to obtain information on business practices, opportunities and challenges related to responsible business conduct (RBC) in Latin America and the Caribbean.
Regional reports on Responsible Business Conduct in priority sectors in LAC
The following regional reports provide an analysis of RBC issues and initiatives to promote and enable the business engagement of responsible supply chains in Latin America and the Caribbean:
Responsible Business Conduct in the Extractive and Minerals Sector in Latin America and the CaribbeanEnglish | Español | Português
Responsible Business Conduct in the Agriculture Sector in Latin America and the Caribbean English | Español | Português
Responsible Business Conduct in the Financial Sector in Latin America and the CaribbeanEnglish | Español | Português
Responsible Business Conduct in the Financial Sector in Costa RicaEnglish | Español
Responsible Business Conduct in the Financial Sector in Panama English | Español
Helping LAC businesses observe and apply due diligence standards and tools
To address the training needs of LAC businesses, the OECD started in October 2021 a series of 6-month sectoral capacity-building programmes on due diligence in Latin America and the Caribbean.
The first of this kind of programme in the region aimed to strengthen the understanding, capability and know-how of businesses to carry out risk-based due diligence for RBC, focusing on 4 key economic sectors: Agriculture, Extractives and minerals, Financial sector, Garment and footwear
More information on the impact and outcome summary of the four capacity-building programmes: English | Español
For more information and to apply, please visit the capacity building programme website: English | Español | Português