News Release

OECD’s Gurría welcomes passage of Latvian law on governance of state-owned enterprises

OECD Secretary-General Angel Gurría today welcomed the passage into law of Latvia's “Public Persons Enterprises and Capital Shares Governance Law”.

OECD statement on specific instance of UK National Contact Point regarding G4S

There have been inaccurate reports that the OECD has announced an investigation into G4S, a UK company that provides security equipment and services. It is in fact the UK National Contact Point for the OECD Guidelines of Multinational Enterprises that is looking at a complaint.

Proposed EU responsible trading strategy for minerals from conflict zones

The European Commission has proposed an integrated EU approach to stop profits from trading minerals being used to fund armed conflicts. The package of measures aims to make it more difficult for armed groups in conflict-affected and high-risk areas to finance their activities through the mining of and trade in minerals.

Statement by the OECD Corporate Governance Committee re Slovenia

Statement by the OECD Corporate Governance Committee re Slovenia following a discussion focused on the recommendations concerning the new central ownership agency and the transformation of the pension fund (KAD) and the restitution fund (SOD).

OECD calls for reform of governance of state-owned firms in the Middle East and North Africa

Middle Eastern and North African countries should reform the governance of their state-owned enterprises to bring about greater public accountability and improve their efficiency, according to a new OECD report.

Improving corporate governance in the Middle East and North Africa - OECD conference and report, 10 April 2012

To reduce corruption and restore confidence in public institutions in the wake of the Arab Spring, governments in the Middle East and North Africa should improve the management and oversight of state-owned enterprises, which often play a major role in their economies.

New OECD guidelines to protect human rights and social development

Ministers from OECD and developing economies will today agree new guidelines to promote more responsible international business conduct by multinational enterprises, and a second set of guidelines to limit the use of conflict minerals.

OECD-GRI partnership to help multinational companies operate responsibly

Companies worldwide will be given greater guidance and support on how to conduct their business responsibly and report on their sustainability performance thanks to a partnership between the Global Reporting Initiative and OECD.

OECD standards taken up in fight against conflict minerals

The OECD Guidance for Responsible Supply Chain Management of Minerals from Conflict-Affected and High-Risk Areas was endorsed by the ICGLR on 30 September 2010 and will be put forward for adoption at the ICGLR’s Special Summit of Heads of States on 19 November 2010 as part of a package of tools designed to improve transparency and accountability in the minerals sector.

UN Global Compact and OECD intensify collaboration

(New York/Paris, 27 October 2009) – The United Nations Global Compact and the OECD have recently begun to enhance their collaborative efforts, particularly in countries that have both Global Compact Local Networks and National Contact Points NCPs on the OECD Guidelines for Multinational Enterprises.