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 a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.
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.
English, PDF, 1,593kb
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.
This workshop highlighted the importance of responsible business conduct for sustainable development and how this involves the OECD Guidelines for Multinational Enterprises. It was co-organised with the Chinese Academy of International Trade and Economic Co-operation (CAITEC).
English, PDF, 697kb
Chinese translation of the background note prepared for the workshop in China on responsible business conduct - 28 May 2015, Beijing, PR China
English, PDF, 1,022kb
Background note prepared for the workshop in China on responsible business conduct - 28 May 2015, Beijing, PR China