Sustainable and resilient supply chains: Trade policy and policies for Responsible Business Conduct (RBC) in a changing environment
Paris, France | 18 October 2022
Open markets and a rules-based international trading system in good working order are an essential driver of sustainable and resilient supply chains. Ongoing disruptions, however, continue to subject global supply chains to unprecedented levels of stress and threaten the benefits of trade and the trust placed by countries in international production networks. Current shocks compound pre-existing structural changes in supply chains driven by the twin digital and green transitions. Firms and governments therefore face the challenge of building sustainable and resilient supply chains in an uncertain and changing environment.
The OECD Trade Committee has responded to this challenge by identifying key steps to anticipate risks, minimize exposure to shocks, build public-private trust and keep markets open. Within this framework, Responsible Business Conduct (RBC) has emerged as an important means of ensuring the sustainability of supply chains in terms of resilience, security, environmental and social impacts.
The objective of the Global Forum will be to promote better coherence and synergies between policies aimed at improving the resilience and sustainability of supply chains, including policies for RBC, and to improve understanding of how a more integrated approach to policy making can strengthen the resilience, security and sustainability of global supply chains.