NATIONAL GUIDELINES ON RESPONSIBLE BUSINESS CONDUCT (NGRBC)

March 14, 2019

Ministry of Corporate Affairs (MCA) has revised the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business, 2011 (NVGs) and formulated the National Guidelines on Responsible Business Conduct (NGRBC).

Principles includes in the National Guidelines on Responsible Business Conduct (NGRBC):

Businesses should – 

  • conduct and govern themselves with integrity in a manner that is Ethical, Transparent and Accountable. 

  • provide goods and services in a manner that is sustainable and safe 

  • respect and promote the well-being of all employees, including those in their value chains.  

  • respect the interests of and be responsive to all their stakeholders.  

  • respect and promote human rights. 

  • respect and make efforts to protect and restore the environment. 

  • when engaging in influencing public and regulatory policy, do so in a manner that is responsible and transparent. 

  • promote inclusive growth and equitable development. 

  • engage with and provide value to their consumers in a responsible manner. 

Source : PIB

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