The private sector plays an important role in economic development. However to be beneficial to local populations, business must act responsibly. Part 2 of this blog focuses on how community engagement can help business achieve this, in harmony with the OECD Guidelines for Multinational Enterprises, and reinforce the link between responsible business and inclusive growth.
The private sector plays an important role in economic development. However to be beneficial to local populations, business must act responsibly. Part 1 of this blog discusses how business can do this, as laid out in the OECD Guidelines for Multinational Enterprises, and make a positive contribution to economic, environmental and social progress with a view to achieving sustainable development.
In 2014, many countries implemented the latest international guidelines for compiling FDI statistics. The new standards have resulted in significant changes in FDI statistics, including new measures of FDI at the global level.
Most businesses are good. They pay their taxes, they create employment, they abide by the laws, and they generally contribute to the societies in which they operate. But what can be done when businesses behave badly? This blog discusses the National Contact Points, the unique grievance mechanism of the OECD Guidelines for Multinational Enterprises, and how could be improved to better fulfill their potential.
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 aims to promote such collaboration as well as the harmonisation of existing standards in the sector.
À l’occasion d’une visite historique du Premier ministre chinois, M. Li Keqiang, à l’OCDE, à Paris, la République populaire de Chine a décidé aujourd’hui de renforcer sa collaboration de longue date avec l’OCDE et de rejoindre le Centre de développement de l’Organisation.
This blog post John Morrison, Executive Director of the Institute for Human Rights and Business, discusses what the social responsibilities of sporting events should be and argues for greater oversight and due diligence at every stage of the mega-sporting events delivery process.
This blog post discusses how the UN Guiding Principles Reporting Framework, introduced in February 2015, help companies provide evidence of how they are conducting human rights due diligence: the process of assessing and addressing their human rights impacts, and tracking and communicating how well they do so.
Le Cadre d’action pour l’investissement mobilise l’investissement privé en faveur de la croissance économique et du développement durable, contribuant ainsi au bien-être économique et social des personnes dans le monde. Il vise également à faire avancer la mise en oeuvre des Objectifs du Développement Durable et à contribuer à mobiliser du financement pour le développement en appui de l’agenda post-2015.
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This compilation of blogs written about the social, economic, and policy aspects of international investment. This compilation was prepared for the OECD's 2015 Ministerial Council Meeting.