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To many people, international investment by multinational enterprises is what globalisation is all about. Promoting appropriate business conduct by these companies is a real challenge however since their operations often straddle dozens of countries and hundreds of cultural, legal and regulatory environments.
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The OECD Guidelines for Multinational Enterprises aim to help businesses, labour unions and NGOs meet this challenge by providing a global framework for responsible business conduct covering all areas of business ethics, including tax, competition, disclosure, anti-corruption, labour and human rights, or environment. While observance of the Guidelines by enterprises is voluntary and not legally enforceable, adhering governments are committed to promoting them and to making them influential among companies operating in or from their territories.
The OECD publishes annual reports which describe what adhering governments have done to live up to this commitment. These reports also include the results of annual roundtables on corporate responsibility which address emerging issues and new developments.
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2012 - Mediation and consensus building
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This edition provides an account of the actions taken by the adhering governments over the 12 months to June 2012 to enhance the contribution of the Guidelines to the improved functioning of the global economy and focuses on how NCPs are working to improve their mediation skills.
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2011 - A new agenda for the future
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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-stakeholder brainstorming on the launch of the work of the updated Guidelines.
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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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This edition focuses on consumer empowerment and responsible business conduct, notably the positive impact responsible consumers can exercise on international business behaviour through their purchasing decisions and the role of the Guidelines in promoting and protecting consumer interests. Special attention is given to supply chains, financial institutions and climate change.
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This edition highlights corporate responsibility practices in the area of employment and industrial relations, the impact of foreign direct investment on wages and working conditions, development and decent work - new directions for multinational enterprises in shaping a fair globalisation and selected initiatives and instruments relevant to corporate social responsibility.
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This edition includes a stocktake of corporate responsibility practices in the financial sector, financial sector instruments for responsible business conduct and synergies between the OECD Guidelines and financial sector instruments
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This edition provides an overview of corporate responsibility in the developing world. Many developing countries have officially adhered to the multilateral instruments underpinning the concepts and principles of the OECD Guidelines and there is growing engagement by non-OECD business communities in many areas of corporate responsibility.
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This edition includes a review of recent developments in current business practices toward the environment, dealing with environmental risk and corporate contributions to environmental policy.
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This edition includes an overview of how the business sector’s contribution to the fight against corruption might be enhanced, focusing particularly on governments’ roles in this effort and on how the Guidelines can be used in synergy with other anti-corruption instruments.
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This edition provides an overview of the challenges of responsible supply chain management based on contributions from the business, trade union and NGO communities.
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This edition includes comparative analysis and comments by the business, labour and NGO communities on the complementarities and differences between the Guidelines and other global instruments for corporate responsibility, such as the UN Global Compact and the Global Reporting Initiative.
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See also
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