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Launch of Fund for Responsible Business (FVO)

Career in Holland

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04.04.2019

The Netherlands Enterprise Agency (RVO.nl) has launched the new Fund for Responsible Business (FVO) scheme on 13 March. Through this programme, they want to assist Dutch entrepreneurs with international corporate social responsibility (ICSR). By way of this measure, businesses and social organisations can join forces in tackling ICSR-risks or -abuses within their international value chain(s).

The Dutch government expects companies to do business with respect to human rights, labour rights and the environment. Not just in the Netherlands, but also abroad. These rights and obligations are drawn up within international standards by – for example – the United Nations, the International Labour Organisation (ILO) and the Organisation for Economic Co-operation and Development (OECD). Visit our Corporate Social Responsibility (CSR) Abroad page for more information.

Tackle causes
Dutch companies do not always have sight on what is taking place within their value chains concerning ICSR. However, they do have the responsibility to map risks and abuses and take measures in accordance to OECD’s CSR-guidelines. With help of FVO’s financial assistance, businesses can determine the causes and take action accordingly.

ICSR-agreements
FVO also provides financial support to social organisations with the execution of their ICSR-agreements. Through these arrangements, entrepreneurs, social organisations and government authorities can collaborate in creating sustainable value chains.

Using this approach, social organisations can share their knowledge and network with every covenant participant.

More information
Netherlands Enterprise Agency (RVO.nl) is responsible for the execution of the Fund for Responsible Business (FVO), through the directive of the Ministry of Foreign Affairs. More information regarding the fund and for application visit The Fund for Responsible Business (FVO) page.


Source: rvo.nl

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