Due diligence
It is a flexible and risk-based process that allows companies to be better prepared to manage real and potential adverse impacts derived from their activity, avoiding potential claims and other associated costs.
In order to promote and ensure effective compliance with the Guidelines, the OECD has developed sectoral guides that make it possible to identify and address the risks to people, the environment and society, including human rights, associated with business operations, products or services. services in specific sectors.
Through the sectoral guides, frameworks of understanding are established between governments, companies, civil society and workers, on due diligence for responsible business conduct, which allows companies, for their part, to establish resilient supply chains, manage uncertainty and drive long-term value creation.