Guidance for Responsible Agricultural Supply Chains
This update briefly discusses aspects of the FAO-OECD Guidance for Responsible Investment in Agricultural Supply Chains (the “Guidance”), which is open for public comment through February 20, 2015. Among other things, the Guidance proposes a risk-based due diligence approach for adoption by enterprises engaged in the agricultural supply chain. Elements of the risk-based due diligence approach are outlined (with some comment) below, followed by considerations for sovereign and private investors, food-agri companies, and finance providers (e.g., commercial banks).