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Investor Presentaiton

MVO NEDERLAND operating abroad to act in accordance with the OECD Guidelines for Multinational Enterprises. OECD member countries subscribe to the OECD Guidelines and host a National Contact Point (NCP). The NCP has two tasks: inform the business community about the OECD Guidelines, and to handle cases of possible violations of the guidelines. Cases of companies allegedly violating the OECD Guidelines can be brought in at the NCP, which serves as a non-judicial grievance mechanism. Even though Brazil is not a member of the OECD, it has adhered to the OECD Guidelines and it therefore has an NCP in Brasilia. Universal human rights Fundamental human rights related to business are described in the UN Guiding Principles on Business and Human Rights (UNGPs), accorded in 2011 by the UN Human Rights Council. Professor John Ruggie has developed the "Protect, Respect and Remedy" framework, resting on three pillars: • • • the state duty to protect against human rights abuses by third parties, including business the corporate responsibility to respect human rights; greater access by victims to effective remedy, both judicial and non-judicial. Labour rights Labour rights are often integrated in national laws, but compliance and enforcement can be lacking. All labour rights are stipulated in the conventions of the International Labour Organisation (ILO). Environmental legislation Environmental protection laws and regulations are normally ratified on a national level (not on a global level). The Paris Agreement might eventually lead to global international binding measures for reduction of global greenhouse emissions. Strategies for CSR Some CSR strategies (figure 1) are more ambitious than others, and some focus more on transformational opportunities (do good), than on avoiding risk (do no harm). It is not said that one is better than the other; the appropriateness of the strategy depends on the context and goals of individual companies or entire sectors. CSR IN BRAZIL Brazil offers opportunities for Dutch enterprises to enlarge their markets or to source new products. Nevertheless, as in all business activities, there are potential environmental and societal challenges that call for a good CSR strategy by companies. This links to the commitment of the Dutch government to align its trade policy to the OECD Guidelines and the UN Guiding Principles on Business & Human Rights. We will provide a short overview of general CSR risks relevant for Brazil. This is predominantly based on the CSR Risk Check. In the following sub-chapters, specific risks per sector are elaborated upon. Social challenges Corruption In Brazil, personal relations and status are very important in business culture. Therefore, there is a fine line between relation management and corruption, especially at governmental level. Since the law can also be very detailed and complex, the interpretation of federal legislation can vary from one state or municipality to another, as can the way in which it is enforced. Combatting corruption has been key priority for the current and previous governments, especially ever since the enormous Lavo Jato case exposed many politicians and business leaders being involved in corruption schemes. Land rights Over twenty per cent of the population in Brazil, mostly in rural areas, live below the poverty line and there is a high social inequality partially due to uneven distribution of land. Several hundred thousand people continue to have no access to (fertile) land, while a far smaller number of landowners control extremely large areas. The lack of a good functioning land registration and a mapped cadaster for land tenure has also given rise to (violent) conflicts, especially in the Amazon. Many parts here are untitled public or poorly titled private land, but do often have people using the land (for housing and commercial aspects). Labour conditions 6
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