This initiative supports ASEAN capital market integration in Cambodia, Laos, Myanmar, and Vietnam, benefitting from international experience, especially that of other Southeast Asian economies.
The OECD Trust and Business (TNB) Project is a multidisciplinary and multi-stakeholder initiative that bridges the gap between international rules and standards for business and their implementation.
Cette réunion a été l’occasion de dresser un état des lieux de la mise en œuvre du Guide OCDE sur le devoir de diligence, ainsi que du Mécanisme régional de certification de la CIRGL et d’autres initiatives visant à faciliter les chaînes d’approvisionnement responsables.
The OECD works with Asian economies and regional partners to raise awareness and promote corporate governance and capital market development in the region.
This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.
Two years ago today, the Rana Plaza building in Bangladesh’s capital Dhaka collapsed, killing over 1,100 people and injuring another 2,500. The dead and injured were garment workers. This blog post looks at due diligence in the apparel supply chain.
This publication is a first response of the OECD to the issue of what role is, or can be, assigned to SOEs as part of national development strategies. The first part of the publication overviews the experiences of five countries (Brazil, China, India, Singapore and South Africa) with using SOEs, and other government-controlled entities as agents of their development strategies. The second part reviews the growing internationalisation of SOEs through foreign trade and investment. These show implications that the usefulness of SOEs in promoting economic development hinges on a number of factors, not least the level of economic development at the beginning of the process. Indeed, if the government’s ambition is to follow a development path already trod by numerous comparable nations it is relatively easy to hammer out a strategy and provide the SOEs with company-specific objectives toward the fulfilment of the strategy. However, experience also shows that some crucial conditions generally need to be met for such SOE-based strategies to be successful, taking into account the capacity of national bureaucracies and avoiding possible adverse impacts on international trade and investment.
OECD and partners are promoting active use of the Guidance by companies throughout the mineral supply chain, industry associations, financial institutions, and civil society organisations.
This article by Roel Nieuwenkamp talks about the trend of hardening of soft law in the domain of responsible business conduct. It argues that legislative proposals related to existing international instruments should not seek to reinvent the wheel, but to reinforce it. Existing instruments that are widely recognised and proven to be effective and reasonable should represent a foundation for their legally-binding counterparts.
The promotion of responsible business conduct has taken an important step forward with the launch of a new reporting framework. Businesses now have no excuse for not explaining how they’re meeting their human rights obligations.