The updated OECD guidelines: Implications for responsible businesses
SustainAbility School #78
By attending this webinar, you will learn about:
Updated OECD Guidelines for Responsible Business Conduct (RBC): Focus on sustainable development and minimizing negative impacts across value chains, New guidelines on technology use, data governance, and digital security due diligence, Stronger expectations for alignment with climate, biodiversity, and environmental goals;
Major Regulatory and Policy Changes: Examples of recent regulations in various countries include the EU’s Corporate Sustainability Reporting Directive, the US Uyghur Forced Labor Prevention Act, and EU Deforestation Regulations;
Expanded Due Diligence Recommendations: Companies are advised to perform thorough due diligence across all operations, covering issues like corruption, lobbying, and supply chain practices, New guidance on ensuring the transparency and effectiveness of National Contact Points (NCPs);
Role of the National Contact Points (NCPs): NCPs, including the Romanian NCP, promote OECD guidelines and offer guidance to businesses on responsible practices, They serve as a grievance mechanism for issues related to RBC;
Specific Challenges in Romania: Challenges identified include rapid services sector growth, the gig economy’s rise, and the international expansion of Romanian businesses, Continued efforts toward full OECD membership and alignment of national policies with international RBC standards;
SustainAbility School este un program de educare dedicat exclusiv angajaților din organizațiile membre ale Ambasadei Sustenabilității în România prin programul Coaliția România Sustenabilă.