A new joint action by the European Union, the ILO and the OECD on responsible supply chains will promote corporate social responsibility (CSR)/responsible business conduct (RBC) with regard to decent work, environmental sustainability and respect for human rights.
BRUSSELS (ILO News) - The new EUR 9 million project, funded by the European Union (EU) under the Partnership Instrument, and jointly implemented by the International Labour Organization (ILO) and the Organization for Economic Co-operation and Development (OECD), will cover six countries in Asia (China, Japan, Myanmar, the Philippines, Thailand and Viet Nam).
Sector-focused interventions will be introduced under the project, wherein successful approaches to CSR/RBC will be collected and disseminated among key stakeholders in Europe and in Asia, including through policy advocacy and training activities.
Asia is one of the largest trading partners of the EU. Many goods and services in the EU originate in or are sourced from Asia. This initiative is an expression of the EU's long-standing commitment to promote human rights, decent work and sustainable development.
This is the first time that the EU, the ILO and the OECD join forces to promote responsible supply chains on such a large scale. A similar project on responsible business conduct is currently under discussion for Latin America and the Caribbean.