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...
As a result of the progressive legalization of international business and human rights “soft law” standards, the “S” of “ESG” is no longer an optional criterion for investors to include in their decision-making process, but it is becom...Read More
This project sought to set out the determinants of anti-trafficking efforts, understood as factors shaping governments’ anti-trafficking efforts and influencing compliance with – and implementation of – international standards. It sought to do...Read More
Right now, climate change is negatively affecting many of the most vulnerable people in the poorest countries in the world. A combination of sudden-onset disasters and slow-onset events are having a destabilising effect on urban and, in particular, ...Read More
This is a guidance for policymakers, donors and business leaders to ensure that responses to Covid-19 reach victims of modern slavery and people vulnerable to slavery. With the effects on the global economy, the Covid-19 crisis is leading to wid...Read More
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