OECD Guidelines for Multinational Enterprises 2011 EDITION (original) (raw)
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Business and Human Rights, 2018
The importance of multinational enterprises (MNEs) has emerged together with the expanding global trade and international investments flows under the process of globalisation. With the growing influence of corporations on the economy and society came increasing human rights issues, particularly in the case of MNEs operating in third world countries. Multiple approaches have been developed to help solve questions concerning MNEs’ responsibility for human rights protection. The OECD is a longstanding promoter of responsible business conduct (RBC), and as such, it has developed a set of principles to ensure that businesses adhere to basic standards of conduct - the OECD Guidelines for Multinational Enterprises. This article examines firstly the significant developments to date, particularly regarding the system of National Contact Points (NCPs) established to promote and implement the Guidelines.
German Law Journal
Since the 1990s it is possible to witness, in the multiplication of inter- and transnational actors, an increasing diversity in international norm-making processes as well as a growing variation in enforcing these norms, generically labeled under the term “global governance.” The actions of these private, hybrid or intergovernmental actors on the global level are increasingly seen as equivalent to the exercise of political authority formerly reserved for the state. As in the domestic context, the exercise of such authority raises questions about the procedural guarantees that anyone affected by this action should enjoy. The Organization for Economic Cooperation and Development (OECD) has evaded intensive scholarly attention from the global governance perspective thus far, although by now it is evident that it strongly contributes to this phenomenon through its various activities. The OECD Guidelines for Multinational Enterprises (Guidelines) are but one area in which the OECD is sai...
2016
Background. Multinational companies are seen as the key players of global markets. Despite the growing power of business and multinational corporations, the state has the role to play in the execution of responsible and lawful behaviour of companies through employment of a variety of measures e.g. legal provisions, judicial mechanisms, and internationally recognised soft law standards. Research aims. The aim of this article is to discuss the role of the state in providing the framework ensuring responsible business conduct through the implementation of the OECD Guidelines for Multinational Enterprises and effectiveness of functioning of the OECD National Contact Points (NCPs) as tools for observance of corporate behaviour. Methodology. The argumentation presented is based on literature review, conference materials, documentary and internet sources analysis and synthesis, as well as interviews conducted with representatives of the OECD National Contact Points located in selected CEE ...
Multinational enterprises and the Sustainable Development Goals: What do we know and how to proceed?
Transnational corporations, 2017
Multinational enterprises (MNEs) can play an important role in the implementation of the Sustainable Development Goals (SDGs). This article examines what we know about their participation in implementing the SDGs and their impact, both positive and negative, on people, the planet, prosperity and peace as identified in the United Nations (UN) 2030 Agenda. To this end, we review the research published in the main international business journals on five key SDGs that represent these "four Ps", grouped into three categories: (1) poverty and inequality, (2) energy and climate change, and (3) peace. We summarize the findings of the 61 relevant studies and subsequently explore the UN's "fifth P", partnership, both in terms of published research on MNEs and the SDGs, and in terms of a collaborative agenda to help address the large challenges of the 2030 Agenda. In view of the relatively limited research on MNEs and SDGs thus far, academic institutions and international business scholars in particular are well-positioned to offer important insights about the role of business in supporting the SDGs, for which we offer suggestions, also in relation with other key actors.