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Annual Report on the OECD Guidelines for Multinational Enterprises 2006

Conducting Business in Weak Governance Zones

image of Annual Report on the OECD Guidelines for Multinational Enterprises 2006

The OECD Guidelines for Multinational Enterprises are recommendations to international business for conduct in such areas as labour, environment, consumer protection and the fight against corruption.  The recommendations are made by the adhering governments and, although not binding, governments are committed to promoting their observance.  This Annual Report provides an account of the actions the 39 adhering governments have taken over the 12 months to June 2006 to enhance the contribution of the Guidelines to the improved functioning of the global economy. One highlight of this reporting period was the completion of guidance for companies operating in weak governance zones.  This Tool aims to help companies that invest in countries where governments are unable or unwilling to take up their responsibilities by offering considerations in such areas as obeying the law and observing international instruments; political activities; knowing clients and business partners; and speaking out about wrongdoing.

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Meeting of National Contact Points – An Overview of Guidelines Implementation

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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