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Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.
27/03/2017 - Ukraine has become the 47th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. The Declaration commits Ukraine to provide an open and transparent environment for international investment and to encourage the positive contribution foreign investment can make to economic and social progress.
The Review of Corporate Governance in Latvia was prepared as part of the process of Latvia’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 report finds that Latvia's framework for the corporate governance of listed companies is largely consistent with the Principles. However, the report recommends a series of measures to further strengthen the corporate governance framework, which could help to deepen its currently small capital market and attract investment. For SOEs, the report recognises considerable reforms undertaken during the accession review process to establish an ownership co-ordination unit and to begin re-establishing boards of directors (which had been abolished in 2009). The report calls for consolidation of these reforms and also stresses the importance of clarifying SOE objectives and strategies, and enhancing disclosure.
Paris, 8 March 2017: Taking place on International Women's Day, this OECD-hosted conference considered questions such as gender differences in financial literacy and inclusion; women working in the informal economy and the role of business: gender differences in the changing pensions landscape; empowering women to fight back against corruption and engaging men to support gender equality in the workplace.
Paris, 7 March 2017 - Investment treaties count among the most widely used instruments that seek to foster international investment. The investment treaty system is both expanding – with major new treaties and many ongoing negotiations – and contracting – with some governments terminating treaties that they see as outdated. The 2017 conference provided greater clarity on how to evaluate outcomes of investment treaties.
The OECD is developing a general Due Diligence Guidance for Responsible Business Conduct to provide practical support to companies on the implementation of the OECD Guidelines for Multinational Enterprises. The Due Diligence Guidance contains plain language explanations of the due diligence recommendations and associated provisions in the OECD Guidelines and can be used by companies in any sector of the economy.
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8/2/2017 - The OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector helps enterprises implement the due diligence recommendations contained in the OECD Guidelines for Multinational Enterprises. This guidance supports a common understanding of due diligence and responsible supply chain management in the garment and footwear sector.
8/2/2017 - The OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector will help enterprises to identify and prevent potential negative impacts related to human rights, labour, the environment and corruption in garment and footwear supply chains worldwide.
When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.
Les entreprises peuvent apporter une contribution positive au développement social et économique lorsqu'elles engagent des parties prenantes telles que les populations locales dans leurs activités de planification et de prise de décision. L'utilité de cet engagement est particulièrement notable dans le secteur des industries extractives, auquel sont associées d'importantes incidences sociales, économiques et environnementales.
Le Guide de l'OCDE sur le devoir de diligence pour un engagement constructif des parties prenantes dans le secteur extractif propose des conseils pratiques aux entreprises des secteurs minier, pétrolier et gazier pour surmonter les difficultés liées au processus d’engagement des parties prenantes.
Ce Guide s’inscrit dans le cadre des travaux que mène l’OCDE pour créer des occasions concrètes d’application sectorielle des recommandations formulées dans les Principes directeurs de l'OCDE à l'intention des entreprises multinationales.
Pour en savoir plus sur les travaux de l'OCDE relatifs à l'engagement des parties prenantes dans le secteur extractif, consultez la page web https://mneguidelines.oecd.org/stakeholder-engagement-extractive-industries.htm