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:
“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.”
Listen to Olena Uvarova, Associate Professor at Yaroslav Mudryi National Law University and Anita Ramasastry, Professor at the University of Washington School of Law and former member of the UN Working Group on Business and Human Rights.
Listen to Wim Bartels, member of EFRAG’s Sustainability Reporting Board.