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1. Explaining the OECD Guidelines for Multinational Enterprises and the National Contact Points

Автор: OECD Watch

Загружено: 2023-01-18

Просмотров: 1387

Описание: The OECD Guidelines for Multinational Enterprises (GLs) are a set of guidelines that multinational enterprises and big businesses are recommended to follow while conducting their business activities either in their home country or abroad. The GLs are adopted by the OECD governments and hence they are legally enforced on the governments themselves. However, they are not legally binding on the companies and businesses that are based in these countries and are only applied as a recommendation on them.

The National Contact Points (NCPs) are complaint mechanisms that an OECD country is legally obliged to set up under the provisions of the OECD Guidelines. The NCPs are set up to address complaints filed by groups or individuals on behalf of any community which is negatively impacted by the business activities of a multinational enterprise, which is registered in the country where the complaint is filed.

In the first video of this series on the OECD Guidelines, NCPs, and Due Diligence, Marian Ingrams from the Centre for Research on Multinational Corporations (SOMO), Amsterdam, who is also the Coordinator of OECD Watch (a global network of civil society organisations with more than 130 members in over 50 countries) explain what the OECD Guidelines for Multinational Enterprises are and how the National Contact Point system functions.

If you have found our video informative, interesting and insightful, then please hit the like button, leave your thoughts and opinions in the comment section (we are really looking forward to hearing from you!), and please don't forget to subscribe!

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