Responsible business conduct for institutional investors : Key considerations for due diligence under the OECD Guidelines for Multinational Enterprises / OECD.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

Language:

English

Subjects (All):

International business enterprises--Law and legislation.

International business enterprises.

Physical Description:

1 online resource (66 pages)

Place of Publication:

Paris : OECD Publishing, 2017.

Summary:

This paper helps institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.

Contents:

Introduction

1 Understanding key recommendations under the OECD Guidelines

"Business relationship" under the OECD Guidelines

Carrying out due diligence under the OECD Guidelines

Prioritisation based on risk under the OECD Guidelines

Engagement with relevant stakeholders under the OECD Guidelines

Remediation under the OECD Guidelines

2 Implementation of the OECD Guidelines in the context of institutional investment

Conclusion

Annex 1 Terminology

Annex 2 Common investment value chains

Annex 3 Asset classes and investment strategies

Embedding responsible business conduct in investor policies and management systems

Implementing due diligence: Identifying actual and potential adverse impacts

Implementing due diligence: Seeking to prevent and mitigate adverse impacts

Implementing due diligence: Accounting through tracking and communicating on results

Processes to support remediation

Boxes

Box 1 About the OECD Guidelines for Multinational Enterprises

Box 2 Adverse Impacts under the OECD Guidelines for Multinational Enterprises

Box 3 Scope and application of "business relationships" in the financial sector under the OECD Guidelines

Box 4 Business relationships in listed equities and the G20/OECD Principles of Corporate Governance

Box 5 ESG integration

Box 6 Improved financial performance of companies following RBC strategies

Box 7 UN-supported PRI Collaboration Platform

Box 8 Sources of RBC risk information for institutional investors

Box 9 Statements of National Contact Points

Box 10 Stock exchanges and due diligence under the OECD Guidelines for Multinational Enterprises

Box 11 ESG indices

Box 12 Engagement as Part of Investment Stewardship

Box 13 Minority investor's engagement and NCP specific instances

Box 14 Exclusions and divestment

Box 15 NCP specific instances processes: What to expect

Tables

Table 1. Identifying actual and potential adverse impacts

Table 2. Seek to prevent and mitigate adverse impacts

Table 3. Seek to prevent and mitigate adverse impacts

Table 4. Accounting for due diligence: Practices by asset owners and investment managers

Table 5. Processes to support remediation: Practices by asset owners and investment managers

Figures

Figure 1. Addressing adverse impacts under the OECD Guidelines for Multinational Enterprises

Figure 2. Deciding when to end a business relationship.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-95408-2