The OECD Guidelines for Multinational Enterprises are recommendations to international business for conduct in such areas as labour, environment, consumer protection and the fight against corruption. The recommendations are made by the adhering governments and, although not binding, governments are committed to promoting their observance. This Annual Report provides an account of the actions the 39 adhering governments have taken over the 12 months to June 2006 to enhance the contribution of the Guidelines to the improved functioning of the global economy. One highlight of this reporting period was the completion of guidance for companies operating in weak governance zones. This Tool aims to help companies that invest in countries where governments are unable or unwilling to take up their responsibilities by offering considerations in such areas as obeying the law and observing international instruments; political activities; knowing clients and business partners; and speaking out about wrongdoing.
Table of contents:
Part I. Meeting of National Contact Points - an Overview of Guidelines Implementation -Summary Report of the Chair of the Meeting on the Activities of NCPs --I. Introduction and Background --II. Institutional Arrangements --III. Information and Promotion --IV. Specific Instances --V. Investments in Weak Governance Zones --VI. Follow-Up on Issues Raised at Earlier Meetings --VII. Progress to Date and Considerations for Future Action --Annex I.A1. Structure of the National Contact Points --Annex I.A2. Contact Details for National Contact Points --Annex I.A3. Specific Instances Considered by National Contact Points to Date --Annex I.A4. Archive of Documents --Annex I.A5. Parallel Proceedings and Specific Instances - A Summary of Discussions --Annex I. A6. Comments by BIAC, TUAC, and NGOs on Parallel Proceedings and Specific Instances --Annex I.A7. Background - The Role of National Contact Points in the Implementation of the OECD Guidelines for Multinational Enterprises -Consultations - Contributions by Business, Trade Unions and Non-Governmental Organisations --TUAC Submissions --OECD Watch Submission Part II. OECD Roundtable on Corporate Responsibility - Developing a Proactive Approach to the OECD Guidelines -Acknowledgements -Summary of the Roundtable Discussion Annex II.A.1. Briefing Paper by OECD Watch on Promotion of the OECD Guidelines for Multinational Enterprises and the Role of National Contact Points in Handling Specific Instances --Annex II.A2. International Mediation - Address at the Roundtable Part III. OECD Risk Awareness Tool for Multinational Enterprises in Weak Governance Zones -Conclusions by the OECD Council, June 2006 -Preface -1. Introduction -2. Obeying the Law and Observing International Instruments -3. Heightened Managerial Care -4. Political Activities -5. Knowling Clients and Business Partners -6. Speaking Out about Wrongdoing -7. Business Roles in Weak Governance Societies - A Broadened View of Self-Interest -Annex III.1. Glossary of Selected Terms -Annex III.2. Resources for Companies Appendix A. Declaration on International Investment and Multinational Enterprises Appendix B. The OECD Guidelines for Multinational Enterprises: Text and Implementation Procedures