Summary
The Sectoral Protocol for Responsible Business Conduct in the Insurance Sector in Panama aims to raise sustainability standards in the sector. In relation to the concept of responsible business conduct introduced in number 1, it is based on different guidelines and recommendations at the international level: OECD Guidelines for Multinational Companies; ILO's Tripartite Declaration of Principles on Multinational Companies and Social Policy; World Bank's Good Practices for Financial Consumer Protection.