Summary
The OECD-FAO Guidance helps enterprises observe standards of responsible business conduct to ensure that their operations contribute to sustainable development and do not lead to adverse impacts. One of the key value-adds of the OECD-FAO Guidance is the framework on risk-based due diligence. The framework provides a step by step approach on how companies can integrate due diligence into their operations and supply chains. By implementing the recommendations of the OECD-FAO Guidance companies can systematically identify, assess and mitigate potential negative impacts associated with their business. This OECD-FAO Guidance and due diligence framework was developed in collaboration with supply chain experts, business, civil society, unions and policy makers. It is a practical approach which companies can implement into their business models and processes.
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