Definition
OECD Guidelines for Multinational Enterprises
The OECD Guidelines for multinational enterprises are recommendations for corporations and governments to promote responsible and sustainable corporate behavior.
The guidelines include recommendations on transparency, labor relations, the environment, corruption, consumer protection, transfer of technology, competition and tax. States adopting the guidelines are obliged to implement them to the best of their ability. They must set up a National Contact Point (NCP) to coordinate the implementation of the guidelines. A complaint may be brought before an NCP in cases of a suspected breach of the guidelines.
