NGO review of UK National Contact Point (NCP) calls for tighter regulation of companies operating abroad

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Article
10 November 2008

[DOC] Greater Controls Needed to Curb Corporate Abuse

Author: Rights & Accountability in Development (RAID)

...UK civil society groups and the Trades Union Congress (TUC) are calling for tighter regulation of companies and financial institutions in a new report ‘Fit for Purpose? A Review of the UK National Contact Point (NCP) for the OECD Guidelines for Multinational Enterprises 2008’. In 2005, MPs challenged the government to resolve inadequacies of the UK NCP...This resulted in significant reforms to the NCP procedures. However, the findings in this new report indicate considerable problems remain and more needs to be done...The authors of the report go on to argue that promotion of the OECD Guidelines without effective enforcement is a hollow exercise and that stronger controls are needed to ensure sustainable and responsible investment, particularly in volatile or unstable parts of the world.

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Article
10 November 2008

[PDF] Fit for Purpose? A Review of the UK National Contact Point (NCP) for the OECD Guidelines for Multinational Enterprises 2008

Author: Rights & Accountability in Development (RAID)

This report by RAID reflects the views and experiences of UK-based NGOs and unions about the work of the UK National Contact Point for the Organization for Economic Co-operation and Development (OECD) in giving effect to the OECD Guidelines for Multinational Enterprises... While the NCP mechanism is not a substitute for judicial processes that can establish civil and criminal liability, it does have the potential to contribute towards an improvement in the standards of behaviour of companies...Whatever the successes and limitations of the UK NCP there is one crucial area that will always remain beyond its powers and scope: access to a remedy. [refers to cases submitted to the UK NCP regarding companies including: Binani, Roan Antelope Mining Company Zambia (RAMCOZ), Anglo American, Konkola Mining Company (KCM), BP, British American Tobacco (BAT), De Beers, Oryx Natural Resources, Avient, Das Air, Tremalt, Bredenkamp, Alex Stewart Assayers, Ridgepointe Overseas Developments, A. Knight International, GSL (part of Group 4 Securicor), Coats Plc, PSA Peugeot, Unilever, Hindustan Lever (part of Unilever), Group 4 Securicor, Afrimex]

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