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- The OECD Due Diligence Guidance provides step-by-step management recommendations endorsed by governments for global responsible supply chains of minerals12. The guidance is for use by any company potentially sourcing minerals or metals from conflict-affected and high-risk areas2. It provides detailed recommendations to help companies respect human rights and avoid contributing to conflict through their mineral purchasing decisions and practices12. The OECD regularly monitors and assesses corporate due diligence disclosures3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas provides step-by-step management recommendations endorsed by governments for global responsible supply chains of minerals in order for companies to respect human rights and avoid contributing to conflict through their mineral or metal purchasing decisions and practices.www.oecd-ilibrary.org/governance/oecd-due-dilige…The OECD Due Diligence Guidance provides detailed recommendations to help companies respect human rights and avoid contributing to conflict through their mineral purchasing decisions and practices. This Guidance is for use by any company potentially sourcing minerals or metals from conflict-affected and high-risk areas.www.oecd.org/corporate/mne/mining.htmAs uptake or adoption of due diligence practices is a key node along any impact pathway, the OECD regularly monitors and assesses corporate due diligence disclosures. This study provides a global snapshot of how companies report on due diligence by country, sector, supply chain segment and company characteristics like size and ownership structure.mneguidelines.oecd.org/monitoringcorporatedisclo…
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Understanding the EU Corporate Sustainability Due …
WEBUnderstanding Key Obligations: The blueprint for CSDDD is international frameworks on responsible business conduct, notably the UNGPs, the OECD MNE Guidelines and the ILO Tripartite MNE Declaration.It is no coincidence, therefore, that many of the notions embedded in CSDDD, from risk-based due diligence, prioritisation, all the way to …
WEBOECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. Helping industries meet responsible sourcing expectations. Standards and tools to help companies implement the Guidance.
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Questions and Answers: New EU Law on Corporate Value Chains
WEBThe French Duty of Vigilance Law, the German Supply Chain Due Diligence Law, and the Norwegian Transparency Law are among such laws. Other efforts in countries like the Netherlands, Belgium, and ...
WEBAbout the Due Diligence Guidance. Businesses can play a major role in contributing to economic, environmental and social progress, especially when they minimise the adverse impacts of their operations, supply chains and other business relationships.
From Legislation to Action: Insights from the 'Mandatory Due …
WEBTo put it more concretely, mandatory due diligence needs a few things to work: 1. Partnerships. Partnerships will be pivotal across all levels. The introduction of new supply chain laws presents an opportunity for enhanced collaboration between sourcing and producing nations, necessitating substantial support and accompanying measures.
WEBThe objective of the OECD Due Diligence Guidance for Responsible Business Conduct (Guidance) is to provide practical support to enterprises on the implementation of the OECD Guidelines for Multinational Enterprises by providing plain language explanations of its due diligence recommendations and associated provisions.
Private Enforcement in the EU Corporate Sustainability Due …
WEBThe European Green Deal aims to implement a harmonized supply chain statute, the Corporate Sustainability Due Diligence Directive, also known as CSDDD or CS3D. In a recent study (Thomale & Schmid 2024, under review), we discuss shortcomings of existing litigation on human rights, environmental and climate issues.
WEBThe OECD’s five-step framework. The Guidance provides detailed recommendations to help companies meet responsible sourcing expectations. The five-step, risk-based due diligence process is relevant to all companies in the mineral supply chain that produce or use minerals from conflict-affected or high-risk areas.
WEBOECD guidelines, ILO MNE Declaration, International Framework Agreements, multi-stakeholder initiatives, private transnational labour governance. ... •Wamai Jacqueline et al , 2023, Due Diligence in the Automotive Supply Chain in Africa: the Case of South Africa, Ghana and Kenya •Zimmer, Reingard (2023) The Supply Chain Due Diligence Act ...
WEBThe sectoral guidance establishes a common understanding among governments, business, civil society and workers on due diligence for responsible business conduct, and can enable business to build supply chain resilience, manage uncertainty and drive long-term value. Institutional Investors.
EU Gives Final Approval To Corporate Sustainability Due …
WEBThe new due diligence requirements apply not only to the direct actions of the company, but also to their subsidiaries and supply chain. EU based companies, as well as non-EU companies that ...
WEBisbn 978-92-64-25238-7 20 2016 02 1 P OECD Due Diligence Guidance for Responsible supply Chains of Minerals from Conflict-Affected and High-Risk Areas
Mandatory human rights due diligence in the mainstream
WEBThe CS3D adopts a risk-based approach to due diligence, allowing companies to manage their responsibility to respect the environment and human rights in a resource-efficient manner. A risk-based approach is reflective of international standards, including the UNGPs and OECD Guidelines, and prioritises adverse impacts, focusing on those that are ...
WEBThe OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas provides step-by-step management recommendations endorsed by governments for global responsible supply chains of all minerals, in order for companies to respect human rights and avoid contributing to …
WEBOECD, Recommendation of the Council on Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High Risk Areas, OECD/LEGAL/0386. Series: OECD Legal Instruments. Photo credit: © Hemera/Thinkstock.com. OECD 2024. This document is provided free of charge.
Corporate sustainability due diligence: Council gives its final ...
WEB3 days ago · On 23 February 2022, the Commission submitted to the European Parliament and to the Council a proposal for a directive on corporate sustainability due diligence. The Council adopted its general approach on 1 December 2022. Council and Parliament reached a provisional agreement on 14 December 2023. Weiter zur Tagungs- bzw. …
WEBThe OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas provides step-by-step management recommendations endorsed by governments for global responsible supply chains of minerals in order for companies to respect human rights and avoid contributing to …
Corporate sustainability due diligence: Council gives its final ...
WEBOn 23 February 2022, the Commission submitted to the European Parliament and to the Council a proposal for a directive on corporate sustainability due diligence. The Council adopted its general approach on 1 December 2022. Council and Parliament reached a provisional agreement on 14 December 2023. Council negotiating mandate.
Handbook on Environmental Due Diligence in Mineral Supply …
WEBThis handbook demonstrates how OECD instruments on due diligence can be applied to address environmental risks and impacts in mineral supply chains by contextualising existing recommendations and directing users towards useful resources.
Implementing the OECD Due Diligence Guidance - OECD
WEBThe OECD Guidelines for Multinational Enterprises are government-backed recommendations on responsible business conduct to encourage sustainable development and enduring social progress. , OECD and partners are promoting active use of the Guidance by companies throughout the mineral supply chain, industry …
OECD Due Diligence Guidance for Responsible Supply Chains in …
WEBThe OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector helps enterprises implement the due diligence recommendations contained in the OECD Guidelines for Multinational Enterprises along the garment and footwear supply chain in order to avoid and address the potential negative impacts of …
Responsible Supply Chains in the Garment and Footwear Sector
WEBThe OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector establishes a common understanding of due diligence in the sector to help companies meet the due diligence expectations laid out in the OECD Guidelines for Multinational Enterprises.
OECD Annex II Risks - Responsible Minerals Initiative
WEB5 Step Framework for Risk-Based Due Diligence. The OECD Due Diligence Guidance Third Edition (OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas) provides a globally accepted standard for supply chain due diligence.
WEBDue Diligence Guidance for Responsible Supply Chains of Minerals from. Conflict-Affected and High-Risk Areas 7. 1 Background 9. History and context 9. Purpose and scope of the Minerals Recommendation 9. Key developments since the adoption of the Minerals Recommendation 11.
WEBA key element is the recommendation to conduct due diligence along the full value supply chain. The OECD Due Diligence Guidance for Responsible Business Conduct (OECD Due Diligence Guidance for RBC) A framework to help companies under-stand the due diligence component of the OECD MNE Guidelines.
OECD Due Diligence Guidance for Responsible Supply
WEBThe OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas provides step-by-step management recommendations endorsed by governments for global responsible supply chains of minerals in order for companies to respect human rights and avoid contributing to …
WEBAdopt a policy for responsible mineral supply chains (Model Policy in Annex II of OECD Guidance) Communicate policy to suppliers and incorporate due diligence expectations into contracts. Establish traceability or chain of custody system over mineral supply chain. MANAGE RISKS. Report identified risks to senior management and fix internal systems.
OECD Due Diligence Guidance for Responsible Supply Chains in …
WEBGovernance. Development. The OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector helps enterprises implement the due diligence recommendations contained in the OECD Guidelines for …
Handbook on Environmental Due Diligence in Mineral Supply …
WEBChapter 1 provides the background on why risk-based environmental due diligence matters to businesses operating in mineral supply chains and considers environmental due diligence in the context of two important topics in the minerals sector: artisanal and small-scale mining (ASM) and circular value chain approaches.
WEBTable 2.1. Costs of implementing supply chain due diligence. 51. 55. 56. 57. 17 Table 2.2. Additional costs unique to specific supply chain actors Table 2.3. Cost estimates for implementation of the OECD guidance in euro Table 3.1. …
Due Diligence - National Contact Point OECD Guidelines
WEBDue diligence is an essential element of international responsible business conduct and is a key theme of the internationally endorsed OECD Guidelines for Multinational Enterprises (2023) and the United Nations Guiding Principles (UNGPs). Due diligence is also known as supply chain responsibility.
WEBSetting the record straight. December 2022. Why it is clear that the risk-based approach to due diligence expectations in the OECD Guidelines and United Nations Guiding Principles apply to the full value chain, including downstream business relationships.
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