Name of Resource | Promoting Sustainable Global Supply Chains: International Standards, Due Diligence and Grievance Mechanisms |
Type | Report / analysis |
Country / jurisdiction | Global |
Organization | Organization for Economic Co-operation and Development, International Labour Organization, International Monetary Fund, World Bank Group |
Initiative launch date | February 2017 |
Description | The OECD and the International Labour Organization, with inputs from the International Monetary Fund and the World Bank Group, have drafted the complementary issue notes on sustainable supply chains at the request of the G20 German presidency. The paper addresses the economic and social impact of global supply chains, particularly in the G20 countries, the opportunities and challenges for ensuring that global supply chains maximize their contributions to sustainable growth and decent work, and some of the public and private governance measures already undertaken in that regard. The paper addresses ways in which to achieve and strengthen responsible business conduct, focusing on key multilateral frameworks, such as the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, and the ILO Declaration of Principles Concerning Multinational Enterprises and Social Policy, as well as on domestic legal and policy frameworks aimed at promoting sustainable supply chains; guidance on due diligence, and grievance mechanisms for victims of adverse impacts related to business operations. |
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