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 corporations 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 a National Contact Point (NCP). The National Contact Point is an entity responsible for the promotion of the Guidelines on a national level. An NCP handles all enquiries and matters related to the Guidelines in that specific country, including investigating complaints about a company operating in, or headquartered in that country. Some NCPs are based in a relevant government department; some are independent structures comprising government officials, trade unions, employers unions and sometimes NGOs.

[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

Main article: Trade Union Advisory Committee to the OECD

[edit] Adhered countries

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

[edit] See also

[edit] External links

Languages