Guidelines for Multi-National Enterprises – Organisation for Economic Co-operation and Development Released for Comment

The OECD is currently developing a general Due Diligence Guidance for Responsible Business Conduct to provide practical support to companies on the implementation of the OECD Guidelines for Multinational Enterprises. The Due Diligence Guidance contains plain language explanations of the due diligence recommendations and associated provisions in the OECD Guidelines and can be used by companies in any sector of the economy. In this context, the OECD is asking for comment on two draft documents:

OECD Due Diligence Guidance for Responsible Business Conduct

Companion to the Due Diligence Guidance – this “living document” could be regularly updated with examples, tips and good practices as the Due Diligence Guidance is implemented

This Guidance draws from the due diligence approaches contained in the sector-specific guidance already developed by the OECD. Comments received will be taken into account when finalising the Guidance which is scheduled for completion in 2017.

Source: Guidelines for MNEs – Organisation for Economic Co-operation and Development

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