Multi-stakeholder communication
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We focus on social, geopolitical, and economic issues relevant to Chinese enterprises, particularly recent industry developments and international dynamics. We aim to establish communication channels between leading Chinese companies and international NGOs on key social issues.
Countries like France, Norway, the UK, Germany, and the EU have enacted global supply chain due diligence laws, increasing pressure on international brands to protect workers' rights and the environment. Concurrently, the Chinese government requires ESG management from state-owned and listed companies, with supply chain due diligence being vital.
NGOs and trade unions play a key role in global grievance mechanisms, emphasizing the need for dialogue between businesses and NGOs. We believe Chinese companies, along with workers and government entities, are all seeking sustainable and inclusive solutions.
After two years of experience, we are refining our methodology and wish to share our insights and challenges.
Methods and Guidelines
Our approach aligns with the OECD Guidelines for Multinational Enterprises and the OECD Due Diligence Guidance, promoting effective due diligence with multiple stakeholders.
In the due diligence process (see Figure 1), we identify, assess, and prioritize risks and impacts related to business activities.
Figure 1: Due Diligence Process and Measures
In Step Six, when an enterprise identifies adverse impacts, it addresses them through remediation or corrective measures.