Annual Report on the OECD Guidelines for Multinational Enterprises

Frequency :
Annual
ISSN :
1999-0952 (online)
ISSN :
2220-5713 (print)
DOI :
10.1787/19990952
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OECD Guidelines for Multinational Enterprises are recommendations providing voluntary principles and standards for responsible business conduct for multinational corporations. The Guidelines are legally non-binding. The Guidelines were adopted by the OECD on 1976 and revised in 1979, 1982, 1984, 1991, 2000 and 2011.

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Annual Report on the OECD Guidelines for Multinational Enterprises 2014

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Annual Report on the OECD Guidelines for Multinational Enterprises 2014

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Author(s):
OECD
Publication Date :
18 Dec 2014
Pages :
110
ISBN :
9789264223165 (PDF) ; 9789264227439 (EPUB) ; 9789264220898 (print)
DOI :
10.1787/mne-2014-en

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This 14th annual report on the OECD Guidelines for Multinational Enterprises describes the activities undertaken to promote the observance of the Guidelines during the implementation cycle of June 2013-June 2014. This includes work on due diligence in the financial and extractive sectors, as well as along agricultural supply chains, strengthened co-operation with non-adhering countries, the outcomes of the 2nd Global Forum on Responsible Business Conduct, as well as the activities of National Contact Points who promote the observance of the Guidelines' principles and standards in the 46 adhering countries.

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    • http://www.keepeek.com/Digital-Asset-Management/oecd/governance/annual-report-on-the-oecd-guidelines-for-multinational-enterprises-2014/foreword_mne-2014-1-en
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    Foreword

    To many people, international investment by multinational enterprises is what globalisation is all about. Promoting appropriate business conduct by these companies is a real challenge, however, since their operations often straddle dozens of countries and hundreds of cultural, legal and regulatory environments.

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    Acronyms and abbreviations
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    Executive summary

    The present report reviews the activities undertaken to promote the observance of the OECD Guidelines for Multinational Enterprises (the Guidelines) by the National Contact Points (NCPs) for the Guidelines, and by the OECD Working Party on Responsible Business Conduct (WPRBC) during the reporting cycle from June 2013 to June 2014. Highlights of the reporting period include:

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    Activities of National Contact Points for the OECD Guidelines for Multinational Enterprises

    The main role of the NCPs of governments adhering to the Guidelines is to further the instrument’s effectiveness by undertaking promotional activities, handling enquiries, and contributing to the resolution of issues arising from alleged non-observance of the Guidelines in specific instances. This chapter reviews NCP activities during the June 2013‑June 2014 reporting period.

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    Responsible business conduct by sector

    The 2011 update of the Guidelines added a new prospective dimension to the Guidelines aimed at encouraging the exercise of due diligence to prevent and mitigate potential adverse impacts in relation to particular products, regions, sectors or industries. This chapter reviews the sectoral work undertaken in implementing this proactive agenda over the June 2013-June 2014 period.

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    Strengthening co-operation with non-adhering countries

    Non-adhering countries, particularly in Asia, are attracting a growing share of international investment and a larger number of specific instances are arising in these countries. Outreach has become an essential component of the work on the Guidelines. This chapter reviews the activities undertaken to enhance relations with non-Members during the June 2013-June 2014 reporting period.

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    2nd Global Form on Responsible Business Conduct

    The Global Forum on Responsible Business Conduct was launched in 2013 to strengthen international dialogue on responsible business conduct and to enhance the synergies between corporate responsibility instruments on all levels, including the Guidelines. The 2nd meeting brought together over 560 members of the international community engaged in reinforcing the ecosystem of responsibility for all actors came together to tackle the challenges of implementing responsible business on the ground.

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