OECD Watch is an international network of civil society organisations promoting corporate accountability. The purpose of OECD Watch is to inform the wider NGO community about policies and activities of the OECD's Investment Committee and to test the effectiveness of the OECD Guidelines for Multinational Enterprises.
40th anniversary of the OECD Guidelines
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40th Anniversary of the OECD Guidelines for Multinational Enterprises - TUAC and OECD Watch Launch 40-day Count-Up
TUAC and OECD Watch have today started a 40-day count-up to mark the 40th anniversary of the OECD Guidelines for Multinational Enterprises and are calling on governments and the OECD to step up measures to ensure businesses respect the Guidelines, so that the Guidelines fulfil their potential to defend communities’ and workers' rights.
In its new report "Obstacle Course: How the UK’s National Contact Point handles human rights complaints under the OECD Guidelines for Multinational Enterprises" Amnesty International UK exposes OECD Guidelines as a system that is not fit for purpose as it lets companies off the hook when human rights abuses are alleged against them. The NCP’s treatment of complaints, the report says, is inconsistent, unreliable, biased towards businesses and out of kilter with the standards it is supposed to uphold.
The OECD Watch brochure provides a brief overview of the content of the OECD Guidelines for Multinational Enterprises and the associated complaint mechanism. The brochure was already available in seven languages and has now also been translated into Arabic and Burmese.
On 5 November, the International Dialogue on Peacebuilding and Statebuilding officially launched its brochure ‘International Standards for responsible business in conflict-affected and fragile environments’.
Allegations of corporate wrongdoing lodged under the OECD Guidelines for Multinational Enterprises over the past 15 years almost never resulted in companies being held accountable, OECD Watch's new analysis of cases has found.