HOW BUSINESSES CAN MANAGE RISKS OF NEGATIVE IMPACT OF THEIR OPERATIONS ON THE ENVIRONMENT?

The article provides analyses for and assessment of the framework for green investments as well as policies and practices on responsible business conduct. The responsible business conduct Guidelines are the most comprehensive international instrument in this field. They allow making connections not only between impacts on climate, environment and biodiversity, but also between environmental and social impacts. They require companies to consider the important linkages between environmental protection, human rights and anti-corruption.