This paper helps institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios. The paper identifies key actions for asset managers and asset owners under each step of the due diligence process and includes discussion of key considerations, such as challenges, existing practices, or regulations specific to the investment sector which may impact due diligence approaches.
The OECD Guidelines for Multinational Enterprises are recommendations addressed by governments to multinational enterprises operating in or from adhering countries. They provide non-binding principles and standards for responsible business conduct in a global context consistent with applicable laws and internationally...
Responsible business conduct is an essential part of an open international investment climate. MNE activities often span multiple countries and many cultural, legal, and regulatory environments. This complexity, coupled with the intensely competitive nature of international business, presents MNEs and...
This is our fifth Statement in response to the UK Modern Slavery Act and our first under the Australian Modern Slavery Act. It describes theactivities we have undertaken throughout our financial year (3) to strengthen our processes and better unders...Read More
From October 2020 to April of 2021 BHRN interviewed 29 refugees ages 14 to 60 from 10 different camps in Cox’s BazarOf those interviewed 68% were women93% of refugees said they did not receive enough food rations72% described their current safety ...Read More
The fishing industry in Thailand fell under global scrutiny in 2014 for the significant human rights violations at sea. Personal stories of victims who had worked for years at sea with little food and constant physical abuse created enough global at...Read More
In the case where an unaccompanied child victim of trafficking is willing to return and that the return option is validated during the best interest determination process, early coordination is requested. A family assessment should be undertaken in ...Read More
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