OECD Guidelines for Multinational Enterprises
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OECD Guidelines for Multinational Enterprises are annex to the OECD Declaration on International Investment and Multinational Enterprises. They are recommendations providing voluntary principles and standards for responsible business conduct for multinational enterprises operating in or from countries adhered to the Declaration. The Guidelines are legally non-binding. Originally the Declaration and the Guidelines were adopted by the OECD on 1976 and revised on 1979, 1982, 1984, 1991 and 2000.
Contents |
[edit] Basic elements
The Guidelines cover business ethics on:
- employment
- human rights
- environment
- information disclosure
- combating bribery
- consumer interests
- science and technology
- competition
- taxation
[edit] Institutions
[edit] National Contact Points
According to the OECD Council decision each adhering country has to set up the National Contact Point (NCP). NCP is a government office responsible for promotion of the Guidelines on a national level. NCP handles all enquiries and matters related to the Guidelines on adhered country.
[edit] OECD Investment Committee
OECD Investment Committee is the OECD body responsible for overseeing the functioning of the Guidelines and implementation of all OECD investment instruments. The Committee consists member states' senior officials from treasuries, economics, trade and industry, and foreign affairs ministries and central banks. All OECD member states are members of the Investment Committee. Argentina, Brazil and Chile are observers while Estonia, Israel, Latvia, Lithuania, Romania and Slovenia participate in the work of the Committee on issues related to the Guidelines.
[edit] Advisory committees
[edit] BIAC
[edit] TUAC
[edit] Adhered countries
- Argentina
- Australia
- Austria
- Belgium
- Brazil
- Canada
- Chile
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Ireland
- Israel
- Italy
- Japan
- South Korea
- Latvia
- Lithuania
- Luxembourg
- Mexico
- The Netherlands
- New Zealand
- Norway
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Turkey
- United Kingdom
- United States