Oxfam is organising a Webinar on Advancing Engagement between India and Europe on Business Responsibility and Sustainable Development by on January 22, 2021, from 2 to 4 PM.
About the Webinar
The contrasting stories of high economic growth on one hand, and deep-set poverty and widening inequalities on the other, provide the perspectives to locate the role of business in sustainable and inclusive development. This has become more-than-ever apparent as people, communities and governments all over the world continue to grapple with the COVID-19 pandemic and its socio-economic fallouts.
Amidst the global crisis, significant developments are taking place in India and Europe in areas of business responsibility, transparency and accountability. Following the National Guidelines on Responsible Business Conduct (NGRBC) in 2019, India is currently developing its National Action Plan (NAP) on business and human rights that articulates the government’s priorities and actions to protect against adverse human rights impacts by business enterprises.
Simultaneously, national governments in Europe are deliberating national laws that mandate companies to conduct human rights due diligence (HRDD) in their supply chains— the referendum on corporate accountability law in Switzerland and the ongoing debate on a national supply chain law in Germany.
Moreover, the European Commission has committed to introduce a mandatory HRDD law in 2021 while negotiations advance at the UN Human Rights Council with a second revised draft for an international legally binding instrument on Transnational Corporations and Other Business Enterprises with respect to human rights.
The session titled, Advancing Engagement between India and Europe on Business Responsibility and Sustainable Development, will discuss emerging legal and policy frameworks on business operations across supply and value chains. It will consider the challenges, opportunities and the road ahead for ensuring human rights of all are respected and protected.
Key Objectives of the Session
- Discuss human rights and sustainability challenges in global supply and value chains;
- Analyse the implications of HRDD on lead companies and producer countries;
- Explore the role of civil society and other stakeholders in ensuring greater transparency and accountability;
- Share good practices aimed at improving the rights of workers and reducing decent work deficits in the informal economy.