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Article

16 May 2016

Author:
OECD Watch

OECD Watch and Trade Union Advisory Committee call for strengthening Natl. Contact Points

"40th Anniversary of the OECD Guidelines for Multinational Enterprises," 13 May 2016

TUAC and OECD Watch have 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…Under binding rules [OECD member countries] are required to establish National Contacts Points (NCPs) to promote the Guidelines and handle cases of violations...As the major international grievance mechanism…NCPs have a unique responsibility to carry out their role…Yet too many NCPs are still failing to meet this responsibility…In 2015, NCP performance came under political scrutiny with G7 Leaders and OECD Ministers promising to take steps to strengthen NCP performance…to support responsible business conduct including in global supply chains…TUAC and OECD Watch are calling on governments to take immediate action to strengthen their NCPs, including by introducing consequences…for companies that refuse to participate in the Guidelines…They are also calling on the OECD to revise the rules governing the functioning of NCPs.