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Businesses shape our lives and our planet. Responsible business conduct RBC is about making sure that the activities of businesses and investors are aligned with the needs of society, today and in the future. This requires high standards of business innovation, investment and operation throughout global supply chains and markets. The OECD is the leading international standard setter on responsible business conduct. We co-operate with governments, businesses and stakeholders to promote global implementation of responsible business conduct by improving public policies, advancing business due diligence and enhancing access to remedy in. The OECD Guidelines for Multinational Enterprises on Responsible Business Conduct are the leading international standard for how companies and investors should address their impacts on people, the planet and society. They apply to businesses and investors of all sectors, sizes and ownership structures, and cover all key sustainability issues — from climate change to technology, from anti-corruption to human rights and labour standards. By adopting responsible business conduct RBC enterprises can prevent and address negative impacts of their activities, while contributing to the sustainable development of the countries and communities in which they operate. It is important that businesses and investors assess and address the sustainability impacts of their operations, their products and services, and of their supply chains. OECD standards on responsible business conduct set out six due diligence steps that governments expect businesses and investors to implement:. The OECD supports the implementation of risk-based due diligence through hands-on guidance for business leaders and practioners and by facilitatating industry and multistakeholder cooperation to address systemic sustainability challenges in sectors and supply chains, such as agriculture, finance, garment and footwear, and minerals. The OECD Recommendation on the Role of Government in Promoting Responsible Business Conduct provides 21 concrete steps for governments to promote responsible business conduct, including through legal and regulatory frameworks; leading by examples in their own commercial activities; enabling stakeholder participation; and ensuring access to remedy for people who are impacted by business activities. The OECD supports policy makers with implementation through capacity building and technical support and by facilitating policy co-operation among countries. OECD standards on responsible business expect businesses and investors to establish or co-oporate in effective grievance mechanisms that are accessible to impacted stakeholders. Governments also have a key role to play in ensuring that judicial or non-judicial remedy mechanisms are available. The National Contact Points are mandated to handle complaints from individuals and groups regarding the conduct of companies operating in or from their countries. The e-learning academy provides learners with a unique opportunity to advance their knowledge of responsible business conduct and OECD risk-based due diligence. In short, businesses are the engine of the economy - they shape our planet, the way we work, produce, consume and live. This is why responsible business is key to ensuring sustainable and resilient economies with better lives for present and future generations. Together these National Contact Points make up a network of government institutions that promote responsible business conduct and handle complaints relating to the conduct of specific companies operating in or from their countries. Find a National Contact Point. The OECD offers a freely accessible database , which currently covers over such cases in more than countries and territories. First adopted in , the Declaration is a policy commitment by adhering governments to provide an open and transparent environment for international investment and to encourage the positive contribution multinational enterprises can make to environmental, economic and social progress. All parts of the Declaration are subject to periodical reviews. Skip to main content. Responsible Business Conduct Businesses shape our lives and our planet. Areas of work Key messages Context Tools for practitioners Latest insights Related data Related publications Related policy issues horizontal-scroll-left horizontal-scroll-right. Share Facebook Twitter LinkedIn. Areas of work. Due diligence for responsible business conduct. Businesses and investors are of crucial importance for economic, environmental, and social progress. It is important that they avoid adverse impacts on people and the environment. Global engagement on responsible business conduct. The OECD partners with governments, businesses, workers and civil society from around the world to help them promote common standards on responsible business conduct, build awareness and support implementation. National Contact Points NCPs for Responsible Business Conduct are national agencies tasked with supporting all actors — companies, governments and stakeholders — in implementing responsible business conduct. Public policies for responsible business conduct. Effective policies that enable and incentivise responsible business conduct RBC can help governments align business activities with social and environmental goals. This requires co-ordination across different ministries and levels of government, and close dialogue with businesses and stakeholders. Key messages. For responsible business conduct to become a reality across global markets and supply chains, it is important to have international standards agreed by governments The OECD Guidelines for Multinational Enterprises on Responsible Business Conduct are the leading international standard for how companies and investors should address their impacts on people, the planet and society. Risk-based due diligence enables businesses and investors to ensure responsible business conduct It is important that businesses and investors assess and address the sustainability impacts of their operations, their products and services, and of their supply chains. OECD standards on responsible business conduct set out six due diligence steps that governments expect businesses and investors to implement: 1 embed responsible business conduct into their policies and management systems 2 identify and assess actual or potential adverse impacts on people, planet and society 3 cease, prevent or mitigate these impacts 4 track implementation and results 5 communicate how impacts are addressed 6 provide for or cooperate in remediation of impacts when appropriate The OECD supports the implementation of risk-based due diligence through hands-on guidance for business leaders and practioners and by facilitatating industry and multistakeholder cooperation to address systemic sustainability challenges in sectors and supply chains, such as agriculture, finance, garment and footwear, and minerals. Read more about due diligence. Effective government policies are needed to enable and incentivise responsible business conduct The OECD Recommendation on the Role of Government in Promoting Responsible Business Conduct provides 21 concrete steps for governments to promote responsible business conduct, including through legal and regulatory frameworks; leading by examples in their own commercial activities; enabling stakeholder participation; and ensuring access to remedy for people who are impacted by business activities. Read the Recommendation. People and communities who are adversely impacted by business activities should have access to effective remedies OECD standards on responsible business expect businesses and investors to establish or co-oporate in effective grievance mechanisms that are accessible to impacted stakeholders. Freely available, self-paced training for practitioners. Join here. Responsible business conduct, the new normal. National Contact Points: Buildling a community to address adverse impacts. Read the Declaration. Themes covered in the Guidelines. Short overview of the Guidelines and all thematic chapters. Discover the Guidelines. Tools for practitioners by sector. Responsible agriculture supply chains. Responsible business conduct, environment and climate change. Responsible business conduct and technology. Responsible business conduct in the financial sector. Responsible garment and footwear supply chains. Responsible mineral supply chains. Latest insights. See all latest insights. Responsible Business Conduct: The new normal for sustainable future. Role of responsible business conduct in the global economy. Related data. See all data. Related publications. See all publications. Policy paper. Conflict transformation and the role of responsible artisanal and small-scale mining. Related policy issues. Business integrity. Clean, efficient and competitive businesses that operate with integrity help to ensure healthier markets and greater investor confidence. Recognising that businesses and C-Suite leaders are at the pointy end of putting integrity into practice, the OECD provides guidance to the business sector on designing stronger internal controls, ethics and anti-corruption compliance programmes and to governments on promoting and incentivising integrity in the business sector. Corporate governance. Corporate governance guides how a company is directed and its relationships with its shareholders and stakeholders. With the right structure and systems in place, good corporate governance enables companies to create an environment of trust, transparency and accountability, which promotes long-term patient capital and supports economic growth and financial stability. Corporate sustainability. Corporate sustainability entails integrating environmental and social considerations into a company's business strategy and operations. It fosters sound governance and decision-making and helps investors better understand a company's long-term risks and opportunities. The OECD aims to promote regulatory frameworks and company practices that foster corporate sustainability. Go to top.
The OECD Guidelines for Multinational Enterprises on Responsible Business Conduct are the leading international standard for how companies and investors should.
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