IE 2.4. Violations of the UNGC Principles or OECD Guidelines for Multinational Enterprises

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France Invest 2023 / ESG Reporting – IE 2.4. Violations of UNGC or OECD principles

IE 2.4 from the France Invest ESG reporting framework aims to identify if any complaints have been filed against a company for violating the United Nations Global Compact (UNGC) or the Organisation for Economic Co-operation and Development (OECD) principles. Here’s how to address this inquiry.

1. How to answer this question ?

To respond, check your company’s internal records for any official complaint received alleging a violation of UNGC or OECD principles. Choose the response that matches your company’s situation:

– “Yes, principles of both UNGC and OECD” if complaints were received regarding both.

– “Yes, UNGC principles but not OECD” if complaints only pertain to UNGC.

– “Yes, OECD principles but not UNGC” if complaints only pertain to OECD.

– “No, no violation of UNGC and OECD principles” if no complaints were received.

– “Do not know” if you lack the necessary information to respond.

2. Why is it important ?

This question is crucial as it evaluates how a company is perceived in terms of compliance with international standards. A positive response could indicate potential reputation and legal liability risks, while a negative response may highlight the company’s commitment to social responsibility principles.

3. Examples :

– Example A: “Our company received complaints alleging OECD principles violations related to anti-competitive practices, but none concerning UNGC principles.”

– Example B: “Although we received complaints regarding UNGC principles concerning human rights, no complaints have been made against us for violating OECD principles.”

Honesty and transparency are essential in responding, as this information can significantly impact stakeholders’ perception of your company’s commitment to social responsibility and ethics.

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