The first session of the MY Orange Responsible Business Conduct (RBC) Working Group, an initiative jointly set up by the Embassy of the Kingdom of the Netherlands and the Malaysian Dutch Business Council (MDBC), was held in the morning of Tuesday, 27 June, 2023.
This interactive breakfast meeting was filled with members sharing RBC challenges and best practices. We also took a glance at what’s to come: EU due diligence regulation as well as requirements from both the Dutch and the Malaysian governmental side regarding sustainability reporting and conducting responsible business practices. Together with the participants, we created a strategy on the next steps and content of this working group.
The meeting was chaired by the Embassy of the Kingdom of the Netherlands, and companies attending were: Signify, Besi Netherlands B.V., Control Union, HQ Pack, PEMANDU Associates & Barterrup. We very much look forward to our next session, which will take place mid – September.
Embassy of the Kingdom of the Netherlands
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The second session of the MY Orange Responsible Business Conduct (RBC) Working Group (WG) was held on the morning of Wednesday, 4 October and focused on Sustainability Reporting Frameworks.
Sustainability Reporting Frameworks are guidelines that provide organizations with a structure to identify, assess, and report on sustainability issues relevant to your operations. This allows you to benchmark your performance against industry peers and global best practices, as well as communicate your progress to stakeholders including investors, regulators, customers, and employees.
Visitors were encouraged to join the Simplified Disclosure Guide event which would help them to incorporate Sustainability Practices within Supply Chains. It helped them gain a better understanding of how they can utilize these standards and frameworks to increase transparency, understanding, and trust in their brand (and potentially those of their partners / vendors throughout their entire supply chain).
This event consisted of two segments.
Segment 1: Presentation by CMM on Incorporating Sustainability Practices within Supply Chains.
Segment 2: RBC WG members participated in a closed door workshop with CMM.
Malaysian Dutch Business Council (MDBC)
The next MY Orange Responsible Business Conduct (RBC) Working Group event was titled “Intro to CSDDD“ and held on Wednesday, 26 June 2024. This two – in – one event introduced audiences to the Corporate Sustainability Due Diligence Directive (CSDDD) as well as its implications.
The government of the Netherlands expects Dutch companies to conduct business responsibly, both within the Netherlands as well as abroad. On 24 May the European Council adopted the Corporate Sustainability Due Diligence Directive (CSDDD). This directive is about mandatory due diligence for large companies operating on the European market. For this online presentation we invited Jeroen Verburg (Senior Policy Officer Responsible Business Conduct, Dutch Ministry of Foreign Affairs) to explain more about this new phase
of the CSDDD and its expected implications in the years to come.
This event consisted of two segments.
Session 1: (15:00 – 16:00 hrs) Online – Open to the Public
Session 2: (16:00 – 17:00 hrs) MY Orange RBC WG Closed Door Session
Click here for a copy of the presentation by the MFA: Intro to CSDDD
Malaysian Dutch Business Council (MDBC)
