TheGuidelinesOECDfor multinational companies on Responsible Corporate edition 2023 [PDF]are one of the four elements that make up the declaration of theOECDon International Investment and multinational companies. Reflected a set of principles and non-binding standards for a responsible corporate citizenship to multinational enterprises operating in acceding countries or based in them. The Guidelines aim to encourage corporations to contribute positively to the economic progress, environmental and social council throughout the world while easing the possible negative impact of its activity.
Rooms were renovated for the first time in 2011 theLines the oecd guidelines for multinational corporations on Responsible Corporate Citizenship2011 edition, being one of the innovations the inclusion of a new chapter dedicated to human rights (chapter IV) in line with theGuiding principles of the united nations [PDF]. The second update has taken place in 2023, which deals with recommendations for a responsible corporate citizenship in crucial Areas such as climate change, biodiversity, technology, business integrity and due diligence in the supply chain.
Further information on theThe oecd guidelines for multinational enterprises.
The Guidelines are supported by a unique mechanism for implementation: the national contact points for a Responsible Corporate Citizenship (PNC), which are constituted agencies by the governments of the acceding countries in order to promote and implement guidelines.
ThePNChelp businesses and the parties concerned to implement correctly the guidelines.
To that end two functions:promote the guidelinesand act asextrajudicial complaints mechanism.
Finally, since the guidelines theOECDhas developedguides of due diligenceor "due diligence". They Are a number ofpractical manualsaimed at businesses integrate corporate social responsibility within its activity and thus avoid causing negative impacts.
There is aroad map for due diligence [PDF], adopted during the Ministerial conference may 2018, and 5 sectoral guides:
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