Responsible Business Conduct. Each Party shall encourage enterprises operating within its territory or jurisdiction to incorporate, in their internal policies, principles and standards of responsible business conduct, which contribute to achieving sustainable development, in its labor dimension, and which are consistent with its respective applicable legislation and with internationally recognized guidelines and principles that have been adopted or endorsed by that Party.
Responsible Business Conduct. 2.1 The Supplier by entering into this Agreement confirms that it will act in accordance with the principles outlined in Elopak Global Supplier Code of Conduct, SCoC, (a copy of which is available on xxxxx://xxx.xxxxxx.xxx/wp- content/uploads/2019/12/FOR10202-Elopak-Global-SCoC.pdf or upon request). This includes the UN Guiding Principles for Business and Human Rights and the OECD Guidelines for Multinational Enterprises. The Supplier shall actively communicate and promote the expectations and principles set out in the Code to their sub suppliers.
2.2 The Supplier shall, when acting in connection with this Agreement, always act in compliance with all applicable state, national, and international laws, rules and regulations relating to ethical and responsible standards of behavior, including but not limited to those dealing with human rights, environmental protection, corruption, fraud, anti-money laundering, applicable sanction regimes, and other economic crimes. The Supplier shall ensure that all employees, representatives and affiliates comply with the above requirements.
2.3 Elopak reserves the right to assess compliance with the SCoC. At Elopak’s request the Supplier must be able to document compliance through self- assessment, follow-up meetings and/or inspection at supplier’s production sites. In case Elopak identifies or suspects a non-compliance with or breach of the principles in the SCoC, the Supplier shall provide all reasonable assistance in investigating the non-compliance. If the non-compliance is material, Elopak may terminate the business relation by written notice. If the non-compliance is immaterial, Elopak and the Supplier shall jointly prepare a plan for remedy. Corrective actions must be taken within reasonable time. If upon the expiry of the correction period, the non- compliance has not been improved or remedied, the business relation may be renegotiated or terminated by Elopak.
Responsible Business Conduct. 1. Without prejudice to the TSD Chapter, each Party shall encourage covered investments to incorporate into their internal policies internationally recognised principles and guidelines of Corporate Social Responsibility / Responsible Business Conduct such as the OECD Guidelines for MNEs, the ILO Declaration for MNEs, and the UN Guiding Principles on Business and Human Right.
2. The Parties reaffirm the importance of investors conducting a due diligence process to identify, prevent, mitigate, and account for the environmental and social risks and impacts of its investment. [Add ICS section + annexes]
Responsible Business Conduct. 1. The Parties reaffirm that investors and their investments shall comply with domestic laws and regulations of the host State, including laws and regulations on human rights, the rights of Indigenous peoples, gender equality, environmental protection and labour.
2. Each Party reaffirms the importance of internationally recognized standards, guidelines and principles of responsible business conduct that have been endorsed or are supported by that Party, including the OECD Guidelines for Multinational Enterprises and the United Nations Guiding Principles on Business and Human Rights, and shall encourage investors and enterprises operating within its territory or subject to its jurisdiction to voluntarily incorporate these standards, guidelines and principles into their business practices and internal policies. These standards, guidelines and principles address areas such as labour, environment, gender equality, human rights, community relations and anti-corruption.
3. Each Party should encourage investors or enterprises operating within its territory to undertake and maintain meaningful engagement and dialogue, in accordance with international responsible business conduct standards, guidelines and principles that have been endorsed or are supported by that Party, with Indigenous peoples and local communities.
4. The Parties shall cooperate on and facilitate joint initiatives to promote responsible business conduct.
Responsible Business Conduct. The Parties commit to promote responsible business conduct, including by encouraging relevant practices such as responsible management of supply chains by businesses. In this regard, the Parties acknowledge the importance of internationally recognised principles and guidelines, such as the OECD Guidelines for Multinational Enterprises, the ILO Tripartite Declaration of Principles concerning Multinational Enterprises and Social Policy, the UN Global Compact and the UN Guiding Principles on Business and Human Rights.
Responsible Business Conduct. Each Party recognizes the importance of responsible business conduct and commits to collaborate with relevant stakeholders to develop, adopt, promote, strengthen, and implement policies that support a responsible business environment.
Responsible Business Conduct. The Parties reaffirm that investors and their investments shall comply with domestic laws and regulations of the host state, including laws and regulations on human rights, the rights of Indigenous peoples, gender equality, environmental protection, labour, anti-corruption, and taxation.
Responsible Business Conduct. In connection with this Agreement, each Party commits to advance sustainable, effective solutions that address the risks of climate change and to follow its own respective standards of business conduct.
Responsible Business Conduct. 37.1 With a view to promoting sustainable development, each Party shall encourage investors and enterprises operating within its territory or subject to its jurisdiction to voluntarily incorporate into their business practices and internal policies internationally recognized principles, standards and guidelines of responsible business conduct (42) that have been endorsed or are supported by that Party.
37.2 In accordance with its legal system, each Party should encourage investors and enterprises operating within its territory to undertake and maintain meaningful engagement and dialogue, in accordance with international responsible business conduct principles, standards and guidelines that have been endorsed or are supported by that Party, with Indigenous Peoples, traditional communities and local communities.
37.3 Each Party recognizes the importance of investors and enterprises implementing due diligence for responsible business conduct in order to identify and address adverse impacts in their operations, their supply chains and other business relationships.
37.4 The Parties agree to exchange any information and best practices available on issues covered by paragraphs 37.1 and 37.2, including on possible ways to facilitate the uptake by enterprises and investors of responsible business practices and reporting, in the Committee.
Responsible Business Conduct. 1. The Participants reaffirm that investors and their investments will comply with domestic laws and regulations of the territory within which the investment is made, including laws and regulations on human rights, the rights of Indigenous Peoples, gender equality, environmental protection, and labour.
2. Each Participant reaffirms the importance of internationally recognized standards, guidelines, and principles of responsible business conduct that have been endorsed or are supported by the authorities of the territory of that Participant, including the OECD Guidelines for Multinational Enterprises and the United Nations Guiding Principles on Business and Human Rights. Investors and enterprises operating within the territory of a Participant or subject to the jurisdiction of the authorities of the territory of a Participant will be encouraged to voluntarily incorporate these standards, guidelines, and principles into their business practices and internal policies. These standards, guidelines, and principles address areas such as labour, environment, gender equality, human rights, community relations, and anti-corruption.
3. Investors or enterprises operating within the territory of a Participant will be encouraged by an authority of the territory of that Participant to undertake and maintain meaningful engagement and dialogue, in accordance with international responsible business conduct standards, guidelines, and principles that have been endorsed or are supported by the authorities of the territory of that Participant, with Indigenous Peoples and local communities.
4. The Participants reaffirm the importance of cooperating on and facilitating joint initiatives to promote responsible business conduct.
