Assent ComplianceCompliance Services

Assent ComplianceSubject Matter Expert,Human Trafficking

Share code of conduct & agreements

Map supply chain & screen for potential risks

Disseminate supplier self-assessment questionnaire

Collect & analyze responses to identify medium/high risk

Provide risk mitigation activities

Monitor supplier progress

Provide training & education

Part of OECD Week 2016

Brings together government ministers, international experts and key

figures from the worlds of academia, business and civil society

Central emphasis on the need to strengthen productivity with multiple

stakeholders present

Identifying the link between the role of business and the evolving trends in

the regulatory landscape

Productivity & Inclusive Growth: how to strengthen productivity and promote inclusive and sustainable growth

Innovation & the Digital Economy: what needs to be done to ensure larger sectors of the economy benefit from innovation? What policies are available to support change and competition, yet provide fair social safety nets?

International Collaboration: on poverty, climate change, tax rules and financing

• Kailash Satyarthi – Nobel Peace Laureate, Founder of the Kailash Satyarthi Children’s Foundation• Pascal Canfin – CEO, WWF France• Philip J. Jennings – General Secretary, UNI Global Union, Trade Union Advisory Committee• Tuuli Kaskinen – Executive Director, Demos Helsinki, Finland• Michel Landel – CEO, Sodexo• Maria Olivia Recart – Representative, Business & Industry Advisory Committee

“Make your world better, make your business better” - K.Satyarthi

• From CSR to RBS: key role of Multi-National Enterprises as ‘champions of change’

• 40th anniversary of OECD Guidelines for Multinational Enterprises• Focus on Modern Slavery in Supply Chains: still a long way to go• Private-public partnerships: dialogue not boycott • Interconnected solutions for interconnected problems: climate,

terrorism, economy, human rights etc. = We must address root causes = human rights due diligence

“Let’s change the rules of the game” - P. Jennings, UNI Global Union

• There is a responsible business conduct deficit: 1bn on less than $3/day, 50m in slave labor.

• Limitations of OECD guidelines: not enough incentive and consequences

• ‘Let’s start with Wall Street’

“Develop SMEs and raise standards through the private sector” - M.Landel, Sodexo

• ‘Companies are not just here for profit, they have an impact on society’• Sodexo’s approach:

• Build the capacity of SMEs• Have a process• Dig deep• Raise the standards (e.g. Bangladesh)• ‘We can do better’ = continuous improvement

“Business people are professionals at digging deep into problems” - M.O.Recart

• Using standards and criteria for selection: “We can’t work with you because you don’t meet these guidelines and minimum standards”

• Prioritizing human rights: “Business people are professionals at digging deep into problems – we need to dig deep into the problem of child slavery. It needs to be as important as core business, there cannot be a difference in the process and importance.”

“I cannot solve these problems on my own” - Tuuli Kaskinen

• Working in partnership: “Companies are thinking ‘I can’t solve these problems on my own’”

• Using clear UNGP due diligence processes (UNGP/OECD) and remedies• Having agreements: with suppliers/companies based on the UN Guiding

Principles/OECD Guidelines• Dialogue: engagement with suppliers, workers, government, NGOs, trade

unions etc.

• Commit• Prioritize • Engage• Support • Partner• Implement (due diligence)

• Tool to share code of conduct/policies/agreements• Tools for data collection and data analysis• Method to provide feedback to suppliers• E-learning• Platform to track supplier progress• Grievance mechanism: technology to collect, analyse and manage

reports

• Many companies are still immature and absorbing digital technologies, driven by consumers. There is enough evidence that digital technologies combined with artificial intelligence are likely to disrupt and change value and supply chains.

• Focus on “ICT” - We are moving from “one to many” to “many to many” communications• Innovation can change the world tomorrow morning: governments and companies need to

adapt fast.• We need “better policies for better DIGITAL lives” - Andrew Wyckoff

• As policies catch up faster with innovations, need solutions to ensure companies can adapt fast to new regulations and compliance requirements.

• We need to rethink regulation for the digital age• Most innovation is not at the company level – what will happen to productivity?

• Middle income jobs are the most at risk

2030 Sustainable Development Goals• 17 goals + 160 targets = 230 indicators! • Use data to track SDG progress: for progress made, objectives met, for policy evaluation and to

ensure accountability.• Governments will have national action plans and indicators• Businesses expected to also align: importance of solutions to capture, measure, assess and

report against objectives

Closing the Gender Gap – G20 Commitment• Expect new regulations = impact on business and compliance • Businesses may have to show their compliance/progress with data

• Half of jobs may disappear within next decade because of automation• Decline of traditional manufacturing jobs. • Retirement ages being pushed back = required skills changing + need increased focus on

life-long learning, not just classroom based• The labor force will shift, not disappear

• The digital age means faster adapting regulation• Companies need to be prepared

• Global GDP is at 3%• Declining labor productivity growth reflects the decline in living standards and GDP• Making use of Free Trade Agreements will increase productivity• Emphasis on increasing the global percentage of women in the workforce – crucial for

development

http://mneguidelines.oecd.org/MNEguidelines_RBCmatters.pdf

http://www.ungpreporting.org/

https://sustainabledevelopment.un.org/sdgs

https://www.oecd.org/forum/home/

http://assentcompliance-1.hs-sites.com/anti-human-trafficking-scoping-guide

http://hubspot.assentcompliance.com/anti-human-trafficking-ebook-160120