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...
2020 was a year unlike any other. This report documents what happened to garment workers across Asia – in Sri Lanka, Pakistan, India, Indonesia, Cambodia and Bangladesh, putting numbers to the 25 per cent or so wage losses suffered by these worker...Read More
While globalization has driven economic development, the world faces difficult issues such as widening disparities and poverty, the escalation of climate change and other environmental problems, the spread of infectious diseases, and the eruption of...Read More
This handbook provides guidance on how to design and implement sustainable mechanisms and structures to combat human trafficking and support victims. It also provides guidance on how to monitor and build the capacity of such mechanisms and structure...Read More
This report is aimed at opening up a new front of discussion that looks at how business models create these downward pressures on labour standards and argues that until such models are changed the problems with the Corporate Social Responsibility (C...Read More
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