OECD Guidelines for Multinational Enterprises

From Wikipedia, the free encyclopedia

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

  1. Argentina
  2. Australia
  3. Austria
  4. Belgium
  5. Brazil
  6. Canada
  7. Chile
  8. Czech Republic
  9. Denmark
  10. Estonia
  11. Finland
  12. France
  13. Germany
  14. Greece
  15. Hungary
  16. Iceland
  17. Ireland
  18. Israel
  19. Italy
  20. Japan
  21. South Korea
  22. Latvia
  23. Lithuania
  24. Luxembourg
  25. Mexico
  26. The Netherlands
  27. New Zealand
  28. Norway
  29. Poland
  30. Portugal
  31. Romania
  32. Slovakia
  33. Slovenia
  34. Spain
  35. Sweden
  36. Switzerland
  37. Turkey
  38. United Kingdom
  39. United States

[edit] See also

[edit] External links

In other languages