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The 2006 meeting of the National Contact Points (NCPs) of the OECD Guidelines for Multinational Enterprises (“the Guidelines”) gave NCPs an opportunity to take stock of their experiences during the sixth year of implementation since the June 2000 Review. Consultations with the Business Industry Advisory Committee (BIAC), the Trade Union Advisory Committee (TUAC), and with non-government organisations provided further inputs on Guidelines implementation. The 2006 Roundtable on Corporate Responsibility focused on a “Proactive Approach to the OECD Guidelines”.
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The OECD Risk Awareness Tool for Multinational Enterprises in Weak Governance Zones aims to help companies that invest in countries where governments are unwilling or unable to assume their responsibilitties. It addresses risks and ethical dilemmas that companies are likely to face in such weak governance zones, including obeying the law and observing international instruments, heightened care in managing investments, knowing business partners and clients and dealing with public sector officials, and speaking out about wrongdoing. The Risk Awareness Tool was developed as part of the OECD Investment Committee’s follow up to the OECD Guidelines for Multinational Enterprises. It is non-prescriptive and consistent with the objectives and principles of the Guidelines.
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