Due diligence is a continuous process whereby enterprises identify, prevent, mitigate and account for actual or potential adverse impacts related to areas such as human rights, including workers’ and industrial relations, the environment, bribery and corruption, disclosure, and consumer interests, in their own operations, their supply chains and other business relationships.
Effective due diligence is supported by the integration of responsible business conduct into policies and management systems and aims to enable enterprises to prevent, mitigate and, where appropriate, remediate adverse impacts that they cause or to which they contribute. Source: OECD Due Diligence Guidance for Responsible Business Conduct.
