Responsible business conduct (RBC) today is not just an international trend, it is a requirement for business behavior, which often becomes legislative at the national level. Lack of compliance of these requirements can lead not only to reputational costs but also to litigation cases. Responsible business conduct requirements are imposed not only on multinational enterprises, but also on SMEs. So more and more questions “How to be responsible?” arise in the conditions of digitalization and the rapid development of disruptive digital technologies that create new challenges for digital security and human rights. Digital compliance is designed to prevent these and other non-financial risks.
This Guidance for digital compliance for business was developed by Russia-OECD Center to show companies that operate in the digital economy how they can reduce non-financial risks. The document is based on international standards, including the OECD.