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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.

 

The project is carried out in partnership with Chile and Mexico, both OECD members, as well as Argentina, Brazil, Colombia, Costa Rica and Peru, which have all adhered to the OECD Guidelines for Multinational Enterprises and have set up a National Contact Point for RBC, and two partner economies, namely Ecuador and Panama.

 

  Argentina
  Brazil   Chile   Colombia
  Costa Rica  
             
                     
     Ecuador    Mexico      Panama    Peru       
       

     

 

Find out how the RBCLAC programme supports governments, businesses and stakeholders in their efforts to promote and uphold RBC:

 

     RBC Country fact sheets

     LAC National Contact Points for RBC

OECD RBC policy reviews

 

RBC-NCP icon for climate change page

 
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Due Diligence for RBC
oecd-lac-business-survey-2021-cover

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.

For more information, consult the OECD Business Survey 2021.

In addition, the following OECD guidances have been translated: 

  • OECD Due Diligence Guidance on RBC Español | Português
  • Due Diligence for Responsible Corporate Lending and Securities Underwriting Español
  • Responsible Business Conduct for Institutional Investors Español 
  • OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector Español  |  Português

See more about OECD's work in due diligence and other guidance available in Spanish

Regional reports on RBC in LAC

 

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 Caribbean  English  |  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 Caribbean  English  |  Español  |  Português
    • Responsible Business Conduct in the Financial Sector in Costa Rica  English  |  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 |  EspañolPortuguês

 
Find out more about the project 

 

Latest News 

Read previous news

 

 

Events 
  • CentraRSE Forum on RBC and due diligence, Guatemala, 28 April 2022
  • ICC Brasil webinar about integrity and responsible business conduct, 27 April 2022
  • Dialogue on the Inter-American Business Charter convened by the Minister of Foreign Affairs of Colombia, 22 April 2022
  • COP - Escazú Special session: Towards the effective implementation of the Escazú Agreement and greater cooperation, 20 April 2022
  • CEADS Annual Meeting on Business and Human Rights: Discussion with the RBC-LAC Project, 07 April 2022

Consult previous events

 

 

Contact 

Froukje Boele | Project Manager Froukje.BOELE@oecd.org

Germán Zarama | Regional Focal Point German.ZARAMA@oecd.org

 

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Twitter @OECD_BizFin 

 LinkedIn  Business and Finance at the OECD

 

 

This project is implemented in partnership with the International Labour Organization (ILO), the United Nations Office of the High Commissioner for Human Rights (OHCHR) and the European Union (EU).

 

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