#28 Allan Jorgensen: What the OECD Guidelines update means for responsible business

Listen to Allan Jorgensen, Head of the OECD Centre for Responsible Business Conduct.

In this episode we discuss the recent update of the OECD Guidelines on multinational enterprises.

The guidelines are the world's principal soft law instrument on responsible business. The OECD describes them as the most comprehensive international standard on responsible business conduct. They are the only one which is multilaterally negotiated, endorsed by governments and having the unique system to hear complaints known as specific instances, The National Contact Points or NSPs.

You will hear more about:

What differentiates the OECD Guidelines from other global tools and instruments.
The major changes on environment and climate change introduced in the guidelines since their last review in 2011.
How the guidelines are a comprehensive tool for businesses to take ownership of their value chain and potential and actual adverse impacts.
How responsible business conduct policy transitions from pioneer to mainstream.

Listen in and follow us on Twitter and LinkedIn!

“The risk-based approach is a concept in the updated guidelines that encourages companies to look across their entire supply chain and really try to focus in on where we see the greatest sustainability challenges, where we see the greatest likelihood and severity of potential impacts, whether that be on human rights or climate, for example, in terms of emissions hotspots in the supply chain.”

Allan Jorgensen in Frankly Speaking