Responsible Business Conduct: Understanding Human Rights Due Diligence
In a world where supply chains are increasingly complex and spanning multiple regions, cultures and legal environments, the potential for a multinational company’s reputation to be “tainted” by illegal or unethical conduct is immense. This whitepaper explains how human rights due diligence has emerged as a critical driver to demonstrating responsible business conduct. It also details how leading global frameworks by the United Nations (UN) and the Organisation for Economic Co-operation and Development (OECD) can provide guidance and recommendations on how organisations can integrate human rights due diligence within existing compliance processes. Full synopsis
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What is Responsible Business Conduct?
The range of issues that are now capable of giving rise to potential risk range from long-standing international and domestic legal requirements, such as anti-money laundering, fraud, bribery, and corruption – to regulatory risks tied to social, governance or environmental norms which are embedded in international human rights and environmental law, as many recent high profile cases aptly demonstrate.
Areas covered in this whitepaper include:
- What does responsible business conduct entail and why is this important?
- What is human rights due diligence?
- Guidance from leading global frameworks by the United Nations (UN) and the Organisation for Economic Co-operation and Development (OECD) on responsible business conduct
- How an organization can get started on implementing human rights due diligence, and formulate responses to human rights impacts
