Abstract

The Organization for Economic Co-operation and Development updated its Guidelines for Multinational Enterprises in 2011, adding a human rights chapter and bolstering its implementation mechanism, the National Contact Points. These changes align the OECD instrument with the UN Guiding Principles on Business & Human Rights, also adopted in 2011, and help to create a synergy and convergence at the international level regarding standards on corporate responsibility for human rights. They constitute an important element in the field of business and human rights, and contribute to the development of a culture of responsible business conduct.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.