Primer to the International Minimum Standard
The United Nations Guiding Principles on Business and Human Rights (UNGPs) and the OECD Guidelines for Multinational Enterprises (OECD)
What, why, and how?
GLOBAL CSR has more than 25 years of experience working with ESG/CSR/RBC. The past 12 assisting best practice companies to implement the UNGPs/OECD, aka the international ‘minimum standard’ for responsible business conduct, or the ‘minimum safeguards’.
The steep regulatory trajectory and client wishes inspired us to outline the basics, creating the enclosed Primer on the minimum standard. #EUTaxonomy, #CSRD, #CSDDD and numerous national regulations build on the UNGPs/OECD. Whether large corporations or value chain entities, it is crucial to understand the foundations; and to approach the task in a pragmatic manner.
The Primer describes the key elements of the management system and outlines all key areas of sustainability, that should be subject to regular operational-level impact assessments, i.e., #sustainabilityduediligence (hint: it includes all 48 human rights). It briefly explains where to start your journey towards alignment. The Primer also covers responsibility in business relationships, applicable for your work to seek to prevent or mitigate adverse impacts in value chains, and includes a non-exhaustive list on regulations and international frameworks, including the relationship between the UNGPs/OECD and the #SDGs and #UNGlobalCompact.