Responsible business conduct

• Alternative Labels

  • Coporate social responsibility
  • Corporate responsibility
  • CSR
  • RBC

• Notation

  • H.15

• Definition

  • Responsible business conduct (RBC) means that all businesses – regardless of their legal status, size, ownership structure or sector – avoid and address negative consequences of their operations, while contributing to sustainable development of the countries where they operate. RBC means integrating and considering environmental and social issues within core business activities, including throughout the supply chain and business relationships. Source: OECD (https://mneguidelines.oecd.org/RBC-LAC-scope-and-activities.pdf)

• Broader Concepts

  • Economy

• Created

  • 25 May 2021 13:46 CET

• PublicWebsite_IND

  • true

• RDF Type

  • Concept