Guidelines for Multinational Enterprises on Responsible Business Conduct
The OECD Guidelines for Multinational Enterprises on Responsible Business Conduct are recommendations addressed by governments to multinational enterprises.
They aim to encourage positive contributions enterprises can make to economic, environmental and social progress, and to minimise adverse impacts on matters covered by the Guidelines that may be associated with an enterprise’s operations, products and services.
The Guidelines cover all key areas of business responsibility, including human rights, labour rights, environment, bribery, consumer interests, disclosure, science and technology, competition, and taxation.
The 2023 edition of the Guidelines provides updated recommendations for responsible business conduct across key areas, such as climate change, biodiversity, technology, business integrity and supply chain due diligence, as well as updated implementation procedures for the National Contact Points for Responsible Business Conduct.
The 2023 edition also includes a prominent endorsement of anti-corruption Collective Action in Chapter VII on Combating Bribery and Other Forms of Corruption:
“Collective action and meaningful engagement with local and international civil society organisations, business, professional associations, and international organisations also may help enterprises to better design and implement effective enterprise anti-corruption policies and mitigate corruption risks one enterprise cannot mitigate individually.”