U.S. Government’s 2024 National Action Plan Promotes Responsible Business Conduct and Upholds Ethical Practices

The State Department has recently announced the U.S. government’s 2024 National Action Plan on Responsible Business Conduct, which highlights its commitment to promoting green energy, human rights, countering corruption, technology usage, protecting human rights defenders, and advancing gender equality. This plan has four main focus areas that are crucial in ensuring responsible business conduct.

The first priority focus area involves the creation of a federal advisory committee on responsible business conduct. The committee will collaborate with the private sector, academia, civil society, and other stakeholders to strengthen responsible business conduct. The second focus area emphasizes the need for businesses to conduct human rights due diligence across their value chains following international standards.

Furthermore, the plan recommends that the Department of Defense review the possibility of requiring or encouraging membership in the International Code of Conduct Association for Private Security Providers’ Association for vendors. This move is aimed at promoting ethical practices within the business sector and ensuring that businesses adhere to international standards of responsible business conduct.

In conclusion, this action plan by the U.S government aims to promote responsible business conduct while upholding ethical practices within the business sector. Through its four main focus areas, it seeks to strengthen collaboration with stakeholders and encourage businesses to adopt international standards of responsible business conduct while protecting human rights defenders and advancing gender equality.