Paris, 8 March 2016: Organised on International Women's Day, the OECD hosted a conference to consider policy approaches to closing leadership gender gaps in the public and corporate sectors.
The OECD is developing a Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector. The OECD is hosting a month-long public consultation on the draft Guidance. The feedback received during the consultation will inform the final Guidance.
One of the main areas of OECD's work in the responsible sourcing of gold is to ensure that international standards do not further marginalise workers of the informal sector. This implies working on the formalisation of the Artisanal and Small-Scale Mining (ASM) sector.
Good governance of state-owned enterprises is essential in order to ensure their contribution to economic efficiency and growth. The OECD facilitates policy dialogue and information exchange on improving corporate governance of state-owned enterprises and implementing privatisation policies.
I am pleased to join you today at the Forum of Arab Regulators on Corporate Governance. The OECD is deeply engaged in strengthening global economic governance by supporting the G7 and the G20, but also through regional initiatives with countries that do not participate in those fora.
The State continues to remain an important shareholder in listed companies worldwide, especially among emerging economies, which rely increasingly on mixed-ownership models. With the benefit of hindsight and more recent examples, this book provides fresh perspectives on the motivation to list state-owned enterprises (SOEs) and the process it entails. Drawing from the experiences of five economies (People's Republic of China, India, New Zealand, Poland and Turkey), the book concludes that broadened ownership generally has a positive impact on the governance and performance of these companies. However, country practices show that the act of listing cannot guarantee that these companies are completely averse to State interests; and deviations from sound corporate governance practices, as enshrined in the OECD Guidelines on Corporate Governance of SOEs, can in some cases, raise concerns with regards to non-State shareholder rights, commercial orientation, board independence, conflicting State objectives, transparency, disclosure and more.
This Network was created in 2011 to enhance the governance of State-Owned Enterprises (SOEs) in the region through an ongoing exchange of experience and knowledge on SOE governance policies.
This multi-stakeholder forum provides the opportunity to review and discuss implementation of the OECD Due Diligence Guidance and the ICGLR Regional Certification Mechanism. Issues pertinent to the tin, tantalum and tungsten (3Ts) and gold supply chains.
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.
This report on the Public Procurement Service of Korea examines the effectiveness of its system, identifying good practices that can inspire reform efforts in other countries. In particular, the report highlights the efficiency gains achieved by implementation of a comprehensive e-procurement system and the savings generated by an integrated support for government-wide contracts. It also looks at how Korea is adopting a strategic and multi-dimensional approach to using public procurement in the support of small businesses and other social objectives. In identifying possible improvements to Korea’s system, recommendations include a more centralised look at workforce training and development issues and additional features for Korea’s e-procurement system, as well as a review of existing certification and preference programs.