Businesses can play a major role in contributing to economic, environmental and social progress, especially when they minimise the adverse impacts of their operations, supply chains and other business relationships.
The OECD Guidelines for Multinational Enterprises recommend that enterprises conduct due diligence in order to identify, prevent or mitigate and account for how actual and potential adverse impacts are addressed.
The OECD is currently developing a general Due Diligence Guidance for Responsible Business Conduct to provide practical support to companies on the implementation of the OECD Guidelines for Multinational Enterprises. The Due Diligence Guidance contains plain language explanations of the due diligence recommendations and associated provisions in the OECD Guidelines and can be used by companies in any sector of the economy. In this context, the OECD is asking for comment on two draft documents:
Companion to the Due Diligence Guidance - this "living document" could be regularly updated with examples, tips and good practices as the Due Diligence Guidance is implemented
This Guidance draws from the due diligence approaches contained in the sector-specific guidance already developed by the OECD.
Comments received will be taken into account when finalising the Guidance which is scheduled for completion in 2017.
Comments should be sent by COB on February 9, 2017 to email@example.com.