Connecting business and financial sector climate commitments to policy (Part 1): the role of responsible business conduct standards
In guiding responsible action on climate by the private sector, lessons can be drawn from the OECD Guidelines for Multinational Enterprises and Due Diligence Guidance for Responsible Business Conduct, that enshrine recommendations on how businesses can contribute to sustainable development while addressing adverse impacts on the environment and society. Part 1 of this session will discuss how these OECD instruments can be used to enable consistency and comparability across jurisdictions and embed just transition priorities into business’ decision making processes.