Responsible business conduct (RBC) is recognised as an important part of the investment climate and is increasingly integrated within public policies aimed at attracting better investment and enhancing sustainable development.
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This report provides an update on the main developments regarding the implementation of the G20/OECD High-level Principles of Corporate Governance. It was circulated to G20 Finance and Central Bank Deputies at their meeting in Xiamen, China, and is now being transmitted to G20 Finance Ministers and Central Bank Governors and G20 Leaders at their July and September 2016 meetings, respectively.
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This report covers the activities undertaken to promote the effective implementation of the OECD Guidelines for Multinational Enterprises by governments and National Contact Points from July 2014 to December 2015.
Investment can help raise standards of living through job creation, skills and technology development, and distribution of wealth. Achieving these impacts, however, depends on the quality of the investment as much as the quantity. This chapter from the 2016 Development Co-operation Report discusses how responsible business conduct can directly contribute to achieving the SDGs, while also being good for business.
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.