Iii) Providing a strong environmental, social and governance framework

A strong environmental, social and governance framework and policies are essential to maximizing the sustainable development impact of GVC activities and minimizing risks. Host countries have to ensure that GVC partners observe international core labour standards. Equally important are the establishment and enforcement of occupational safety, health and environmental standards in GVC production sites, as well as capacity-building for compliance. Buyers of GVC products and their home countries can make an important contribution to safer production by working with suppliers to boost their capacity to comply with host country regulations and international standards.

International policy frameworks, such as the ILO Tripartite Declaration, the United Nations Global Compact, and the OECD Guidelines for Multinational Enterprises can play an important role in supporting responsible business conduct in GVCs. Although implementation of standards for responsible business conduct below the first tier of the supply chain remains challenging, the incorporation of supply chain due diligence, and multi-stakeholder initiatives, based upon instruments such as the UN Guiding Principles on Business and Human Rights and the OECD Guidelines on Multinational Enterprises, hold promise for addressing such challenges. The International Conference on the Great Lakes Region-OECD-UN Forum on due diligence in the mineral supply chains is a good example of the potential of such multi-stakeholder approaches for coordinating the actions of business, civil society, home and host-state governments, and development assistance agencies to respond to responsible business conduct challenges in GVCs.

Не нашли, что искали? Воспользуйтесь поиском: