Position paper

BIAC Guide to the OECD Guidelines for Multinational Enterprises

The OECD Guidelines for Multinational Enterprises (Guidelines) contain non-binding recommendations for responsible business conduct across a wide range of corporate activities. The Guidelines are consistent with applicable national laws and are not legally enforceable. Their objective is to promote the positive contributions that multinational enterprises make to economic, environmental and social development. While the Guidelines are addressed to multinational enterprises, they are also relevant for domestic companies of any size operating anywhere in the world. The Business and Industry Advisory Committee to the OECD (BIAC) and its member organizations from the OECD countries regard the Guidelines as a cornerstone of corporate responsibility (CR). We encourage all multinational enterprises to use the Guidelines as a reference point for their corporate responsibility strategies and initiatives.