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Call for shake-up on company conduct

Author: Vanessa Houlder, Financial Times, Published on: 1 July 2010

Only five complaints against multinationals brought by ethical campaigners over the past decade resulted in concrete improvements, according to non-governmental organisations calling for “radical reforms” of international guidelines on social, environmental and labour issues. A year-long revision of official guidelines on multinationals’ conduct…is the latest attempt to step up defences against environmental destruction and human rights abuses by companies operating in the developing world, often within the supply chains of big multinationals. OECD Watch, a network of 88 non-governmental organisations from 45 countries…said: “If no drastic improvements are achieved, civil society will be forced to look elsewhere to resolve the key problems facing affected peoples and the natural environment.”

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