OECD Guidelines for Multinational Enterprises, 2011 Edition

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Author(s):
OECD
Publication Date :
29 Sep 2011
Pages :
92
ISBN :
9789264115415 (PDF) ; 9789264115286 (print)
DOI :
10.1787/9789264115415-en

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This 2011 edition of the OECD Guidelines for Multinational Enterprises commits 42 countries to new, tougher standards of corporate behaviour. The updated Guidelines include new recommendations on human rights abuse and company responsibility for their supply chains, making them the first inter-governmental agreement in this area.

The Guidelines establish that firms should respect human rights in every country in which they operate. Companies should also respect environmental and labour standards, for example, and have appropriate due diligence processes in place to ensure this happens. These include issues such as paying decent wages, combating bribe solicitation and extortion, and the promotion of sustainable consumption.

The Guidelines are a comprehensive, non-binding code of conduct that OECD member countries and others have agreed to promote among the business sector. A new, tougher process for complaints and mediation has also been put in place.

Table of Contents

Declaration on International Investment and Multinational Enterprises
PART I. OECD GUIDELINES FOR MULTINATIONAL ENTERPRISES: RECOMMENDATIONS FOR RESPONSIBLE BUSINESS CONTEXT IN A GLOBAL CONTEXT
Preface
I.    Concepts and Principles
II.   General Policies
III.  Disclosure
IV. Human Rights
V.  Employment and Industrial Relations
VI. Environment 
VII.Combating Bribery, Bribe Solicitation and Extortion 
VIII. Consumer Interests
IX. Science and Technology 
X.  Competition 
XI.  Taxation              
PART II. IMPLMENTATION PROCEDURES OF THE OECD GUIDELINES FOR MULTINATIONAL ENTERPRISES
Amendment of the Decision of the Council on the OECD Guidelines for Multinational Enterprises
-I. National Contact Points
-II. The Investment Committee
-III. Review of the Decision
Procedural Guidance
-I. National Contact Points
-II. Investment Committee
Commentary on the Implementation Procedures
-I. Commentary on the Procedural Guidance for NCPs
-II. Commentary on the Procedural Guidance for the Investment Committee