Responsible business conduct is an essential part of an open international investment climate. MNE activities often span multiple countries and many cultural, legal, and regulatory environments. This complexity, coupled with the intensely competitive nature of international business, presents MNEs and their stakeholders with unique and specific challenges. Although many MNEs demonstrate a respect for high standards of business conduct, some may neglect the appropriate principles and standards of conduct in an attempt to gain undue competitive advantage. This may be particularly true in environments where regulatory, legal, and institutional frameworks are underdeveloped or fragile. More and more enterprises are responding by committing to responsible business practices, promoting dialogue, and engaging with stakeholders. Addressing societal concerns while advancing enterprise interests can be mutually supportive.
The Guidelines are a set of recommendations on responsible business conduct addressed by governments to MNEs operating in or from adhering countries.
The OECD Guidelines for Multinational Enterprises are recommendations addressed by governments to multinational enterprises operating in or from adhering countries. They provide non-binding principles and standards for responsible business conduct in a global context consistent with applicable laws and internationally...
At the 2018 Commonwealth Heads of Government Meeting (CHOGM), states committed to achieve the United Nations Sustainable Development Goal (SDG) Target 8.7, by taking “effective measures to eradicate forced labour, end modern slavery and human traf...Read More
This guidance is for the Horticulture, Fruit and Vegetable sector. It comes into effect immediately and extends until further notice. Guidance will be reviewed on a regular basis in line with the regular three weekly review of lockdown requirements....Read More
The year 2021 marked another discouraging year in terms of remedy for complaints by communities and civil society under the OECD Guidelines for Multinational Enterprises (Guidelines). Only 2 of the 22 cases concluded in 2021 by National Contact Poin...Read More
With the global refugee crisis showing no signs of abating, multinational companies need to consider how their supply chain interacts with refugees, who are often more vulnerable to forced labor when they seek out work in a new country. Combating F...Read More
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