2011 Update of the OECD Guidelines for Multinational Enterprises Prof. Dr. Roel Nieuwenkamp •Chair of the Working Party of the OECD Investment Committee •Managing director Trade Policy & Globalisation, Ministry of Economic Affairs, The Netherlands •Professor University of Amsterdam The updated Guidelines include new recommendations on human rights abuse and company responsibility for their supply chains, making them the first inter-governmental agreement in this area. In 2005, the United Nations appointed John Gerard Ruggie to the modest task of clarifying the main issues.
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By focusing on the characteristics of the codes, their effects on society and their legal consequences, this book seeks to provide a comprehensive analysis of corporate codes and the law. In addition, there is a new focus on the importance of exercising due diligence to mitigate potential negative impacts of business operations, including taking responsibility for operations conducted by enterprises’ supply chains. This Interim Report updates projections made in the December 2009 issue of OECD Economic Outlook (Number 86). These include the incorporation of a new chapter dealing with human rights, which draws from the United Nations’ Guiding Principles for Business & Human Rights developed by United Nations Special Representative John Ruggie (click here to view the principles and more Forum articles from Mr. Ruggie).
Enforcing Corporate Social Responsibility Codes develops proposals on the relationship between global corporate self-regulation and the national private law systems. ;] Home. —Paul Polman One of the most vexing human rights issues of our time has been how to protect the rights of individuals and communities worldwide in an age of globalization and multinational business. Recently, 42 countries agreed to a revised version of the Organisation for Economic Co-operation and Development’s Guidelines for Multinational Enterprises. h�b```d`` This, along with more pressing concerns, including the financial crises, concerns over climate change, and a renewed focus on international development, helped motivate a review of Guidelines, the fourth since their initial adoption in 1976 and the first since 2000. Just Business tells the powerful story of how these landmark “Ruggie Rules” came to exist.
endstream endobj 1402 0 obj <>/Metadata 205 0 R/Pages 1379 0 R/StructTreeRoot 260 0 R/Type/Catalog>> endobj 1403 0 obj <>/MediaBox[0 0 595.32 842.04]/Parent 1381 0 R/Resources<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 1404 0 obj <>stream Human rights groups and businesses were locked in a stalemate, unable to find common ground. The updated Guidelines include new recommendations on human rights abuse and company responsibility for their supply chains, making them the first inter-governmental agreement in this area. To read on e-ink devices like the Sony eReader or Barnes & Noble Nook, you'll need to download a file and transfer it to your device. 1408 0 obj <>/Filter/FlateDecode/ID[<87A275DA3CDE074F93A6EB7C1D5E60C5>]/Index[1401 15]/Info 1400 0 R/Length 56/Prev 571736/Root 1402 0 R/Size 1416/Type/XRef/W[1 2 1]>>stream
[…] article here and link to full guidelines…..via OECD Guidelines for Multinational Enterprises Revised for 2011 — The Harvard Law School Forum on C….
Search ... Paris : OECD, ©2011. The OECD Guidelines for Multinational Enterprises are the world’s foremost, government-backed instrument for responsible business conduct. While there is no formal mechanism to sanction enterprises who fail to comply with the Guidelines – a fact that has garnered some criticism – the hope is that public disclosure following a compliance failure will motivate businesses to abide by the Guidelines. This group includes the 34 OECD countries plus Argentina, Brazil, Egypt, Latvia, Lithuania, Morocco, Peru and Romania. Indeed, from Indonesian sweatshops to oil-based violence in Nigeria, the challenges of regulating harmful corporate practices in some of the world’s most difficult regions long seemed insurmountable. Companies that promise to abide by the Guidelines must comply with them in every country in which they operate. The initial call for review came in 2009 at the annual meeting of National Contact Points, which are entities in each country responsible for implementing the Guidelines. Trade and investment in natural mineral resources hold great potential for generating income, growth and prosperity, sustaining livelihoods and fostering local development.
Ruggie had developed his now-famous "Guiding Principles on Business and Human Rights," which provided a road map for ensuring responsible global corporate practices. Six years later, he had accomplished much more than that. OECD Guidelines for Multinational Enterprises: Recommendations for responsible business conduct in global context [online]. Please follow the detailed, OECD Economic Outlook, Interim Report April 2010, Regulating Corporate Human Rights Violations: Humanizing Business, Enforcing Corporate Social Responsibility Codes: On Global Self-Regulation and National Private Law, Just Business: Multinational Corporations and Human Rights (Norton Global Ethics Series), OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas Third Edition: Third Edition, OECD Guidelines for Multinational Enterprises, 2011 Edition. WorldCat Home About WorldCat Help. This 2011 edition of the OECD Guidelines for Multinational Enterprises commits 42 countries to new, tougher standards of corporate behaviour. 2011-06-02]. This 2011 edition of the OECD Guidelines for Multinational Enterprises commits 42 countries to new, tougher standards of corporate behaviour. OECD guidelines for multinational enterprises.. [Organisation for Economic Co-operation and Development. It finds that the pickup in activity seen in the G7 countries in the last quarter of 2009 is expected to ease back in the first half of this year and that Gross domestic product (GDP) is likely to grow faster in the US than in Japan and the three largest euro area countries – Germany, France and Italy - but will remain generally fragile as inventory destocking by businesses and the ending of some fiscal stimulus measures weighs on activity. endstream endobj startxref
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Just Business is an illuminating inside look at one of the most important human rights developments of recent times. %PDF-1.6 %���� Consultation took place with members of the business community, trade unions, non-governmental organizations, non-adhering countries, and international organizations.
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The Due Diligence Guidance for minerals may be used by any company potentially sourcing any minerals or metals from conflict-affected and high-risk areas, and is intended to cultivate transparent, conflict-free supply chains and sustainable corporate engagement in the minerals sector. It uses methods of comparative law and sociological jurisprudence to argue that national private law can, and in fact should, enforce these codes as genuine legal obligations. The OECD Guidelines for Multinational Enterprises form part of the OECD Declaration on International Investment and Multinational Enterprises.This brochure reproduces the amendments to the OECD Guidelines for Multinational Enterprises and related Council Decision adopted by the forty-two governments adhering to the Declaration on International
These corporate codes have become a crucial element in the regulatory architecture for globally operating companies. Other updates include a recommendation to promote Internet Freedom through respect of freedom of expression, assembly and association online.
Ruggie demonstrates how, to solve a seemingly unsolvable problem, he had to abandon many widespread and long-held understandings about the relationships between businesses, governments, rights, and law, and develop fresh ways of viewing the issues. Corporate social responsibility codes are guidelines that companies voluntarily develop and publish with the objective of showing the public their commitment to respect human rights, to improve fundamental workplace standards worldwide and to protect the natural environment.
Despite the continuous addition of regulatory initiatives concerning corporate human rights responsibilities, what we witness more often than not is a situation of corporate impunity for human rights abuses. The Bhopal gas leak – examined as a site of human rights violations rather than as a mass tort or an environmental tragedy – illustrates that the regulatory challenges that the victims experienced in 1984 have not yet been overcome.
h�bbd``b`�$@�?�`� ~h*p~!�A��ſi6�!��y+(s ���1�8���G����BQ�s3�J愃��>(�0~"�#r�ujsx��A����i\�9Z�:.t�C�����[� �2x��)|�P�������>$�9ܐ�4x�c�\v;:ow���y�c�n��v�Yl��}��˯90-Z�T+hi���$8 %�`q�&/h)��2CPe�J2`��2+[!� �V�GCG��@�P, �@�@��0vY��*C��Y`��!�J�.����d3�fbnP&a�``Pg�e�,�����!�����X��y� �%w ���`����e�:��)� Edition/Format: Print book: International government publication : English : 2011 … While the agreement is non-binding, each adhering country agrees to establish a National Contact Point to raise awareness, investigate complaints, and mediate disagreements regarding the Guidelines. This 2011 edition includes new recommendations on human rights abuse and company responsibility for their supply chains. The OECD Guidelines for Multinational Enterprises consist of recommendations from the governments of the 37 OECD members and a dozen other states (Argentina, Brazil, Costa Rica, Croatia, Egypt, Jordan, Kazakhstan, Morocco, Peru, Romania, Tunisia and Ukraine) … However, a large share of these resources is located in conflict affected and high-risk areas.
You can read books purchased on Google Play using your computer's web browser. Paris: OECD, 25 May 2011 [cit. He also takes us through the journey of assembling the right type of team, of witnessing the severity of the problem firsthand, and of pressing through the many obstacles such a daunting endeavor faced.
$�������r������b``�J��� � �� The final guidelines were adopted on May 25, 2011. The OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas provides step-by-step management recommendations endorsed by governments for global responsible supply chains of all minerals, in order for companies to respect human rights and avoid contributing to conflict through their mineral or metal purchasing decisions and practices.
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