Stakeholder-Consultation Background Note Programme
Tuesday, 30th April 2024
Venue: Institute of Chartered Accountants of India (ICAI) Tower, G Block, Opp. MCA Academy, Besides Standard Chartered Bank, Bandra Kurla Complex, Bandra (East), Plot no C-40, Avenue 3, Mumbai, Maharashtra 400051
Organised by:
School of Business Environment | SBE
Rationale for Sectoral Adaptation of National Guidelines on Responsible Business Conduct (NGRBC):
In 2019, the Ministry of Corporate Affairs, with technical inputs from the Indian Institute of Corporate Affairs released the National Guidelines on Responsible Business Conduct (NGRBC), which was also endorsed by the Hon’ble Prime Minister Shri Narendra Modi. While releasing the guidelines, it was envisaged that a sector-specific toolkit would be ideal to aid businesses in better adoption of the NGRBC in a given industry/sector with specific needs and situations. Taking this vision forward, IICA, took the initiative to adapt the NGRBC to the Ready-Made Garments sector in India, especially focusing on Tier 1 and Tier II, i.e., RMG Brands and Manufacturers. An Advisory Committee was constituted in 2022 to guide the process of development of the RMG Sector-Specific NGRBC Adaptation Toolkit.
https://www.technicaltextiles.in/wp-content/uploads/2024/04/Background-Note_IICA_Toxics-Link.pdf