In the wake of the collapse of the Rana Plaza garment factory in Bangladesh in 2013, initiatives to strengthen regulation of global supply chains in the textile and garment sector have multiplied. Tackling the issues involved requires sustained collaboration among industry, government, worker organisations and civil society. This project promotes such collaboration as well as the harmonisation of existing standards in the sector.
On the occasion of the 20th Anniversary of the OECD Anti-Bribery Convention, this roundtable will focus on the impact of the Convention 20 years on, the impact of the Convention on major emerging economies not yet party to the Convention, and the detection of foreign bribery.
Paris, 7-8 December 2017: The 16th Global will focus on: competition and democracy; judges and competition authorities; challenges in developing countries; new agencies in small countries; competition law and policy in Viet Nam; and Competition in public markets.
Paris, 24-25 October 2017: Bringing together leading actors across the green finance community, the 2017 forum will focus on the short and long-term actions needed to meet the Paris Agreement; opportunities for green investment; the role of the financial system; and channels for green finance and investment.
Tokyo, Japan - 19-20 October 2017: The 2017 roundtable will take place on 19-20 October in Toyko, Japan. The Asian Roundtable provides a unique platform to analyse progress and address remaining challenges with respect to the corporate governance framework in Asian economies.
This report assesses the state of Armenia’s sanitation services, which are in poor shape, and proposes ways forward for reforming the sector by: ensuring equitable access by all and identifying solutions that work for the poorest and most remote communities; generating economies of scale and scope, and reducing both investment and operational costs for the efficient delivery of sanitation services; and moving towards sustainable cost recovery for the sanitation sector, by identifying how much funding can be mobilised from within the sector and how much external transfers are required. The state of Armenia’s sanitation services are inadequate, with 51% of the population in rural areas using unimproved facilities, causing direct damage to the environment and exposing inhabitants to health risks, and better access but degraded sewerage-system infrastructure in urban areas, posing health hazards due to potential cross-contamination between sewage and drinking water. According to preliminary estimates, EUR 2.6 billion of investments will be required to meet Armenia’s sanitation needs, with approximately EUR 1 billion needing to be spent in the next 7 to 10 years. Given the country’s current economic situation, this investment will have to be spread over time and targeted to avoid further deterioration of infrastructure and increase of the financing gap.
This review of Corporate Governance in Colombia was prepared as part of the process of Colombia's accession to OECD Membership. The report describes the corporate governance setting for both listed companies and the state-owned sector (SOEs). The review then examines the legal and regulatory framework and company practices to assess the degree to which the recommendations of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises have been implemented. The review finds that Colombia's framework for the corporate governance of listed companies is largely consistent with the Principles, although some companies have been reluctant to implement some of the good practices recommended in Colombia's national corporate governance code. For SOEs, the report recognises substantial reforms undertaken during the review process to adopt an ambitious national ownership policy. Reforms have included establishing an ownership co-ordination unit and more transparent reporting on SOE performance, and removing ministers from SOE boards and establishing more transparent board nomination processes aimed at enhancing the qualifications of board members. The report seeks continuing efforts to consolidate these reforms and to implement plans announced in the national ownership policy.
The 10th meeting of the Asia network on corporate governance of state-owned enterprises took place in Kuala Lumpur, Malaysia, on 19-20 September 2017.
15 September 2017 - A complaint submitted in 2015 by former workers of Heineken’s subsidiary Bralima in the Democratic Republic of Congo was successfully resolved recently. This article by Roel Nieuwenkamp explains the circumstances and why this agreement is being hailed as historic.
State-owned enterprises (SOEs) are important elements of many national economies. They are also increasingly active internationally, which has led to renewed concerns in recent years about whether their competitive conditions in home markets might adversely impact “fair” competition with companies abroad. Many of the concerns held by national policy makers and businesses surrounding foreign SOEs’ competitive conditions stem from limited transparency and information on SOEs. This report seeks to bolster the factual information base by presenting the main findings of the most comprehensive and internationally comparable dataset currently available on the size, sectoral distribution and corporate forms of national SOE sectors in 40 countries.