In the first year of the Responsible Business Conduct Agreement on responsible investment by Pension Funds, the participating parties have worked hard to start the process, to get to know each other and to familiarise with each other’s procedures and requirements.
Ten years following the update of the OECD Guidelines for Multinational Enterprises and the launch of the UN Guiding Principles on Business and Human Rights, there is growing consensus across governments, intergovernmental organisations and other stakeholders that due diligence is at the core of responsible business conduct especially with regard to supply chain responsibility.
DKG Group (best known in the Netherlands for Bruynzeel Kitchens and Keller Kitchens) is the 28th signatory to the IRBC TruStone Initiative, raising the number of Dutch signatories to fourteen.
Freedom of Association is one of the key themes within the Agreement on Sustainable Garments and Textile. Participating brands commit to respect freedom of association and social dialogue in their international supply chains, as it is a fundamental right of workers and a fundamental human right to organize in a trade union.
Electronics recycler Sims Recycling Solutions ends its participation in the Responsible Gold Agreement. The company states that the time required for constructive participation in the agreement does not outweigh the limited influence that the company can exert on the supply chain.
In December 2019 the Dutch Banking Sector Agreement on international responsible business conduct regarding human (DBA) rights ended after three years of hard work. Although the DBA is officially at the end of its term, a final monitoring report and an accompanying steering group statement is expected in Q2 2020.
In May 2019 Parties within the Dutch Banking Sector Agreement published a paper on enabling remediation. This paper explores the role and responsibility of banks with regard to remedy, when connected to human rights impacts through client relationships.
In the beginning of November 2019, the AGT was invited to participate in two events in Bangladesh. On November 4th, the Dutch Embassy in Dhaka hosted a Round Table on the importance of purchasing practices and its effect on sustainability.
The parties and adhering banks to the Dutch Banking Sector Agreement (banks, civil society organizations, government and trade unions) mapped the human rights impacts in the oil & gas value chain from their collective areas of expertise.