Managing Climate Risks and Impacts Through Due Diligence for Responsible Business Conduct: A Tool for Institutional Investors

Overview

The tool ‘Managing Climate Risks and Impacts Through Due Diligence for Responsible Business Conduct’ helps institutional investors understand and conduct due diligence on climate impacts.

It explains how the RBC due diligence framework can be applied by institutional investors to address adverse climate impacts associated with their investee companies, as understood under the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct.

The tool also provides an initial overview of how the RBC due diligence framework relates to and can draw on other frameworks and tools for assessing, managing or disclosing climate-related impacts associated with their investments.

This tool does not intend to create new standards of conduct but rather to outline measures and practical actions investors can take to carry out RBC due diligence with respect to climate risks and impacts. The tool also discusses the potential value to investors in carrying out RBC due diligence in connection with other sustainability objectives (i.e. biodiversity and social impacts).

This publication is accessible online.

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