Govt releases national guidelines on responsible business conduct

A- A A+

Last Updated : Nov 17 2019 10:10AM Screen Reader Access

News Highlights

Looking forward to a productive winter session of Parliament: PM Narendra Modi Finance Ministry discusses simplification of GST forms, making filing process more user- friendly First Night trial of surface-to-surface medium-range missile Agni-II conducted successfully Pak doesn't deny sending terrorists to India: EAM Jaishankar India record best-ever 9 medal haul at World Para Athletics Championship

Business News

Mar 13, 2019

5:18PM

Govt releases national guidelines on responsible business conduct

NSD Logo

Ministry of Corporate Affairs has released national guidelines on responsible business conduct. These guidelines urge businesses to actualise the principles in letter and spirit.

An official release said, the Ministry has revised the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business, 2011 and formulated the National Guidelines on Responsible Business Conduct.

According to the guidelines, businesses should conduct and govern themselves with integrity in a manner that is ethical, transparent and accountable. Businesses should provide goods and services in a manner that is sustainable and safe.

It should also respect and promote the well-being of all employees, including those in their value chains. The Ministry said, it has taken various initiatives for ensuring responsible business conduct by companies.