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Ministerio de Industria, Comercio y TurismoSecretaría de Estado de Comercio


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The OECD Guidelines for Multinational Enterprises

The OECD Guidelines for Multinational Enterprises
The OECD Guidelines for Multinational Enterprises (Guidelines) are part of the OECD Declaration on International Investment and Multinational Enterprises. The Guidelines provide voluntary principles and standards for responsible business conduct aimed towards multinational companies running their activity or who's HQ are situated in adherent countries. The Guidelines main goal is to encourage companies to contribute positively to global economic, environmental and social progress while they mitigate the potencial negative impact of their activity.
In 2011 they were review for the fifth time since 1976. One of the most important updates was the inclusion of a whole new chapter devoted to Human Rights (chapter IV), based on the United Nations Guiding Principles on Business and Human Rights.
The National Contact Points
The Guidelines are supported by a unique implementation mechanism of National Contact Points (NCPs), agencies stablished by adhering governments to promote and implement the Guidelines. The NCPs assist enterprises and their stakeholders to take appropiate measures to further the implementation of the Guidelines.
Thus, they have two main functions: promote de Guidelines and act as a extrajudicial grievance mechanism.
Due Diligence Guidance for responsible supply chains
The objective of these Due Diligence Guides is to provide practical support to enterprises on the implementation of the OECD Guidelines for Multinational Enterprises by providing plain language explanations of its due diligence recommendations and associated provisions.
The OECD has recently published the general Due Diligence Guidance, which complements the 5 sectorial guides:
  1. 1. Extractive sector
  2. 2. Mineral supply chains
  3. 3. Agricultural supply chains
  4. 4. Garment supply chains
  5. 5. Financial sector

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