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Annual Report on the OECD Guidelines for Multinational Enterprises 2011

A New Agenda for the Future

image of Annual Report on the OECD Guidelines for Multinational Enterprises 2011

This report enhances the transparency, accountability and public visibility of the Guidelines for MNEs, one of the OECD's most successful instruments, and more particularly the major improvements brought about by the 2011 Update, and highlights the outcome of the 2011 Corporate Responsibility Roundtable, a multi-stakholder brainstorming on the launch of the work of the updated Guidelines.

The report provides a first assessment of  the outcome of the 2011 Update of the Guidelines adopted at the OECD Ministerial Meeting and a compilation of ideas for future implementation. It also reports the actions taken by the 42  adhering governments from June 2010 to June 2011.

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Weak Governance Zones and Conflict-Affected and High-Risk Areas

The OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (the Guidance) was approved by the Investment Committee and the Development Assistance Committee in December 2010. The Guidance has been turned into a formal OECD Council Recommendation adopted at Ministerial Level on 25 May 2011. The Recommendation on the Due Diligence Guidance is addressed to OECD Members and non-Member adherents to the OECD Declaration on International Investment and Multinational Enterprises. Argentina, Brazil, Latvia, Lithuania, Morocco, Peru and Romania have adhered to the Recommendation. While not legally-binding, this Recommendation reflects the common position and political commitment of adhering countries to actively promote the observance of the Guidance by companies operating in and from their territories and support its effective integration into corporate management systems.

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