OECD MNE Guidelines: Setting the Standard


In  December’s OECD Observer an article on the OECD Guidelines for Multinational Enterprises concluded that the Guidelines are an important standard for companies which lead the field in responsible business practice.

But the authors also found that a great deal more needs to be done to promote the Guidelines. They recommended that governments encourage companies to reference the OECD MNE Guidelines in their reporting and require companies tendering for public procurement or applying for investment guarantees, to demonstrate awareness of the Guidelines.