Principes directeurs pour les entreprises multinationales

Responsible business conduct in the financial sector


Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. However, the inherent complexities in the sector such as extensive and complex business relationships or the rapidity of transactions make practical application of effective due diligence systems challenging.


Responsible Business Conduct for Institutional Investors explains the application of the OECD Guidelines for Multinational Enterprises in the context of institutional investors. The paper highlights key considerations for institutional investors in carrying out due diligence that will help to identify and respond to environmental and social risks.

Contact us


18/04/2019 - Landmark legislation approved calling on EU financial institutions to report on due diligence for responsible business conduct in line with OECD guidance

European Parliament overwhelmingly approved an EU Regulation for Sustainability-related Disclosures in the Financial Services Sector.  The Regulation is the second legislative agreement reached under the EU Sustainable Finance Action Plan.  In calling on financial institutions to disclose sustainability risks and impacts, the Regulation represents a milestone in efforts to encourage financial institutions to take into account impacts to society and the environment.  


The Regulation introduces transparency rules for financial institutions on the integration of sustainability risks and impacts in their processes and financial products, including reporting on adherence to internationally recognised standards for due diligence.  It also notes that when reporting on due diligence, practitioners “should consider the due diligence guidance for responsible business conduct developed by the Organisation for Economic Cooperation and Development.”


Read OECD press release






28 March 2017



OECD Centre on Green Finance and Investment

UN Principles for Responsible Investment

OECD Guidelines for Multinational Enterprises

How the financial sector could and should contribute to responsible business conduct, blog by Roel Nieuwenkamp, 2016

Dutch Banking Sector agreement on international responsible business conduct regarding human rights, 2016

Expert letters and statements on the application of the OECD Guidelines and UN Guiding Principles in the context of the financial sector, 2014

Scope and application of ‘business relationships’ in the financial sector under the OECD Guidelines for Multinational Enterprises, 2014 

Due diligence in the financial sector: adverse impacts directly linked to financial sector operations, products or services by a business relationship, 2014



Documents connexes


Also AvailableEgalement disponible(s)