OECD guidelines-WPS Office bu aditya and ajay.pptx
1. OECD guidelines for
multinational
companies
The OECD Guidelines for Multinational Enterprises (OECD
Guidelines) are recommendations from governments to
multinational enterprises on responsible business conduct.
The OECD Guidelines set standards for responsible
business conduct across a range of issues such as human
rights, labour rights, and the environment.
2. The 2020 Annual Report on NCP Activity covers the activities
undertaken to promote the effective implementation of the
OECD Guidelines for Multinational Enterprises by the OECD
secretariat, adherents to the Guidelines for Multinational
The OECD Guidelines for Multinational Enterprises (OECD
Guidelines) are the most comprehensive international
standard on RBC. The OECD Guidelines reflect the expectation
from governments to businesses on how to act responsibly.
They cover all key areas of business responsibility, including
human rights, labour rights, environment, bribery, consumer
interests, as well as information disclosure, science and
technology, competition, and taxation.
3. • Enterprises and their National Contact Points for
RBC from January to December 2020.
• The year 2020 has been a notable one for NCPs for
two main reasons. First, it marked the 20th
anniversary of NCPs as non-judicial grievance
mechanisms. Several activities were organised on
this important milestone.
4. • The Secretariat published a report highlighting the
many strengths and achievements of NCPs in
addressing corporate impacts in an increasingly
complex and globalised world, but also some
enduring challenges and weaknesses that may
hinder their contribution to remedy. In this regard,
the report identifies a number of avenues for
governments to strengthen their NCPs and
maximise their contribution to remedy.
5. • Second, NCP activity was strongly impacted by the
COVID-19 pandemic, as office closures, meeting
restrictions and travel bans disrupted their ability
to deliver on their mandates. Like for most
government services, this led to events
cancellations and delayed work. However, NCPs
were progressively able to adjust and ensure that
promoting the Guidelines and handling could
continue largely remotely.
6. • Risk-based due diligence, a key element of RBC, is a
process through which businesses identify, prevent
and mitigate their actual and potential negative
impacts and account for how those impacts are
addressed.
• The OECD Alignment Assessments evaluate the
alignment of industry or multi-stakeholder
programmes with the recommendations of OECD
due diligence guidance.
