Annual Report on the OECD Guidelines for Multinational Enterprises 2010
Corporate responsibility: Reinforcing a unique instrument
The OECD Guidelines for Multinational Enterprises are recommendations to international business for conduct in such areas as human rights, labour, environment, consumer protection, the fight against corruption and taxation. 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 taken by the 42 adhering governments over the 12 months to June 2010 to enhance the contribution of the Guidelines to the improved functioning of the global economy.
Ten years after the 2000 revision of the Guidelines, work is starting on an update of the Guidelines to ensure their continued role as a leading international instrument for the promotion of responsible business conduct. This edition focuses on three core issues for consideration during the update: supply chains, human rights, and climate change.
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Appendix B. The OECD Guidelines for Multinational Enterprises: Text and Implementation Procedures
The OECD Guidelines for Multinational Enterprises (the Guidelines) are recommendations addressed by governments to multinational enterprises. They provide voluntary principles and standards for responsible business conduct consistent with applicable laws. The Guidelines aim to ensure that the operations of these enterprises are in harmony with government policies, to strengthen the basis of mutual confidence between enterprises and the societies in which they operate, to help improve the foreign investment climate and to enhance the contribution to sustainable development made by multinational enterprises. The Guidelines are part of the OECD Declaration on International Investment and Multinational Enterprises the other elements of which relate to national treatment, conflicting requirements on enterprises, and international investment incentives and disincentives.
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