2014 Global Forum on Responsible Business Conduct, Paris, 26-27 June 2014 | WPN World People News

Responsible business conduct is crucial for open and stable international investment climates. OECD Secretary-General Ángel Gurría will open the 2014 OECD Global Forum on Responsible Business Conduct on 26-27 June 2014, together with Dutch Minister for Foreign Trade and Development Co-operation Lilianne Ploumen and French Minister for Finance and Public Accounts Michel Sapin. More than 500 ministers, government officials and representatives from business, unions and civil society will participate.

As the global economy strengthens, it is essential to improve the business climate by encouraging companies to adopt more responsible business practices that take into account both their profits and the impact they are having on society. It is also in the best interests of stakeholders and governments to stimulate these efforts and improve their efficiency.

Participants will assess progress since 2013 of the OECD Guidelines for Multinational Enterprises, and the latest challenges facing companies, especially after the Rana Plaza disaster in Bangladesh in 2013. The sessions will cover the following topics:

- Reinforcing the ecosystem of responsibility;

- Responsible supply chains in the textiles and garment sector;

- Responsible business conduct in Myanmar, Central Asia and South Caucasus;

- Stakeholder engagement and due diligence in the extractive sector;

- Responsible business conduct in the financial sector and agricultural supply chains.

Source: Organization for Economic Co-operation and Development