OECD Guidelines for Multinational enterprises

21.01.2019. 09:39

OECD Guidelines for Multinational Enterprises  are the most comprehensive set of government-backed recommendations on responsible business conduct in existence today. They provide non-binding principles and standards for responsible business conduct in a global context consistent with applicable laws and internationally recognised standards.

All OECD members and 12 non-OECD countries adhering to the OECD Declaration on International Investment and Multinational Enterprises have accepted the Guidelines. Latvia subscribed to the Declaration in 2004.

The OECD Guidelines are recommendations from governments to multinational enterprises operating in or from their countries.

Areas covered by the Guidelines

  • Human Rights                                    
  • Employment and Industrial Relations
  • Environment
  • Combating Bribery, Bribe Solicitation and Extortion
  • Consumer Interests    
  • Science and Technology 
  • Competition
  • Taxation

Useful links: 

OECD Brochure “The OECD Guidelines for Multinational Enterprises – Responsible Business Conduct Matters”

United Nations Guiding principles on Business and Human rights

OECD Watch

Trade Union Advisory Committee to the OECD

The Business and Industry Advisory Committee to the OECD