In this briefing, IBR highlights business practices and conditions prevalent in Iran that pose challenges to responsible business, and the need to develop strategies that enable companies to avoid adverse impacts on people and the environment.
As companies embrace the opportunities offered by Iran, a commitment to doing business responsibly will not only help avoid adverse impacts on people and the environment, it will also help avoid risks to companies created by the challenges in Iran. Responsible business can initiate a virtuous circle that results in broad benefits to people and companies.
International standards on responsible business—including the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights—call on companies to have a policy commitment and management systems to avoid, mitigate and remediate potential negative impacts on people and the environment.
Many companies have experience in challenging contexts around the world, demonstrating that responsible business can be pursued with informed, practical strategies. For example:
IBR works with companies, government and other stakeholders to learn about the challenges to responsible business in Iran, share good practices and develop strategies to effectively meet those challenges.
For more detailed information on the issues in this briefing, please contact IBR project at email@example.com.