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Article

19 Mar 2010

Author:
Department for Business, Innovation and Skills, UK

[PDF] Government Response to the UK Consultation on the Terms Of Reference for an Update of The OECD Guidelines for Multinational Enterprises

This document is the Government response to the UK consultation on the terms of reference for an update of the OECD Guidelines for Multinational Enterprises (the Guidelines)… The Government’s response to the consultation aims to provide an overview of responses received from UK stakeholders which will help to formulate the UK’s negotiating position…stakeholders expressed support for updating a number of aspects of the Guidelines, including on: human rights, supply chains, the environment, employment, consumer interests, and the functional equivalence of NCPs. Based on these wide ranging stakeholders’ views, the Government supports the following areas as the UK’s key priorities for inclusion in the terms of reference for the Guidelines’ update…Human Rights - to provide clearer, practical guidance to assist multinationals in respecting human rights, including gender equality, using a due diligence and risk awareness process.