Updating the OECD Guidelines for Multinational Enterprises

Issue 28 – June 2011

A special consultation was held in France in December 2010 between the 42 governments adhering to the Organisation for Economic Development (OECD) Guidelines for Multinational Enterprises (the Guidelines), and stakeholders representing business, trade, national government organisations, and other organisations. TheGuidelines are recommendations by governments covering all major areas of business ethics, including corporate steps to obey the law, observe internationally-recognised standards, and respond to other societal expectations.

Discussions focused on human rights, employment and labour, due diligence, and supply chains and procedural provisions, including those relating to the functioning of national contact points. ISO Deputy Secretary-General Kevin McKinley participated in the event and says, 'ISO and OECD have a long history of cooperation. OECD participates in over 25 ISO technical committees and subcommittees and is a valuable partner in contributing to the worldwide dissemination of the best practice included in international Standards.'

Visit the MED website for more information about the Guidelines.

Download the 2011 update of the OECD Guidelines for Multinational Enterprises from the OECD website (www.oecd.org/document/28/0,3746,en_2649_34889_2397532_1_1_1_1,00.html).

Summarised from an article in ISO Focus+ April 2011.

Published in international.