Considering the potential role of sectoral initiatives in mandatory due diligence
Feb 24, 2022 | 11:00 AM - 12:15 PM
Feb 24, 2022 | 11:00 AM - 12:15 PM
Description
Governments are increasingly strengthening their policy tools on RBC to include legislation on human rights and environmental due diligence. Within this context, this session aims to explore the potential role for sustainability initiatives in the context of mandatory due diligence frameworks. Drawing from the current example of the EU Conflict Minerals regulation and the OECD’s Alignment Assessments, the session will explore the benefits and limitations of recognising credible sustainability initiatives as a means to assessing individual companies’ due diligence practice.
The session will also discuss how the OECD’s Alignment Assessment methodologies can support a common understanding of due diligence and a harmonised model for recognising different types of initiatives that are aligned with international due diligence standards.
See background note for this session: https://mneguidelines.oecd.org/background-notes-2022-oecd-forum-on-due-diligence-in-the-garmant-and-footwear-forum.pdf