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The OECD Guidelines for Multinational Enterprises are complemented by OECD recommendations that take into account the specificity of the five main sectors:

1. extractive,
2. conflict minerals,
3. agriculture,
4. garment and footwear,
5. and the financial sector.
    

Extractive sector

OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractive Sector (2015). To address the challenges raised when engaging with stakeholders, the OECD has developed a guidance for practitioners in the mining, oil and gas industries. The guidance provides a practical framework for identifying and managing risks with regard to stakeholder engagement activities to ensure companies play a role in avoiding and addressing adverse impacts as defined in the OECD Guidelines for Multinational Enterprises. The guidance also includes an assessment framework for industry to evaluate their stakeholder engagement performance and targeted guidance for specific stakeholder groups such as indigenous peoples, women, workers and artisanal and small scale miners.

More information on the OECD website.

Conflict minerals

The 3rd Edition of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas was published in April 2016. This booklet contains the OECD Council Recommendation, the text of the Guidance, the 3Ts Supplement and the Gold Supplement. The updated version clarifies that the Guidance provides a framework for detailed due diligence as a basis for responsible supply chain management of minerals, including tin, tantalum, tungsten and gold, as well as all other mineral resources.  

More information on the OECD website.

Garment and Footwear Sector

Adopted in 2017, the OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector establishes a common understanding of due diligence in the sector to help companies meet the due diligence expectations laid out in the OECD Guidelines for Multinational Enterprises. The guidance consists of two sections. Section one describes the due diligence process, while the second consists of modules related to due diligence in specific risk areas, including: child labor, sexual harassment in the workplace, forced labor, working time, occupational health and safety, trade unions and collective bargaining, wages, and environmental protection. The garment and footwear sector is one of the largest consumer goods sectors in the world. Although it represents an important economic driving force, the tragic collapse of the Rana Plaza factory in 2013 brought global attention to the risks of severe adverse impacts both in manufacturing but also further upstream.

More information on the OECD website.

Agriculture

The OECD-FAO Guidance helps enterprises observe standards of responsible business conduct to ensure that their operations do not lead to adverse impacts and contribute to sustainable development. The OECD-FAO Guidance targets domestic and international, small, medium and large enterprises across the entire agricultural supply chain, from the farm to the consumer. Enterprises involved in agricultural supply chains can create employment, raise labour standards and bring the technology to increase agricultural production or reduce pollution. But their activities can also contribute to food insecurity.

More information on the OECD website.

Financial Sector

So far, two documents for the financial sector have been issued:

Responsible Business Conduct for Institutional Investors (2017) explains the application of the OECD Guidelines for Multinational Enterprises in the context of institutional investors. The report highlights key considerations for institutional investors in carrying out due diligence that will help to identify and respond to environmental and social risks.

Due Diligence for Responsible Corporate Lending and Securities Underwriting  (2019) provides a common global framework for financial institutions to identify, respond to and publically communicate on environmental and social risks associated with their clients. The report helps banks and other financial institutions implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in the context of their corporate lending and underwriting

More information on the OECD website.