The debate around corporate purpose intensified this year when the US Business Roundtable published a new ‘statement of purpose’ which relegated shareholders to just one of several key stakeholders. This post by Andrew Cave of Baillie Gifford examines what we mean by corporate purpose and why trust is a critical component.
Only one hundred companies produce over 70% of greenhouse gas emissions so they should also be responsible for taking action to address the impacts of climate change. On the occasion of the 2019 Responsible Business and Human Rights Forum, OECD's Cristina Tébar Less, looks at the actions business is expected to take. It is widely … Continue reading How can business meet its responsibility to address climate change?
While the potential benefits of foreign direct investment are widely accepted by policy makers, many governments impose restrictions on the activities of foreign investors. The OECD’s Stephen Thomsen asks whether these restrictions can have an impact on FDI inflows into an economy.
Responsible supply chain management in the garment and footwear sector is a tough challenge for global companies. OECD's Juliet Lawal looks at how OECD guidance and implementation processes can help.
Seventy years after the adoption of the Universal Declaration of Human Rights, companies now have a responsibility to respect human rights. Christine Kaufmann and Roel Nieuwenkamp look at how companies should integrate this obligation into their company operations.
With citizens, communities and politicians increasingly questioning the benefits of globalisation and the multilateral trading system, the OECD's Greg Medcraft looks at what we can do to ensure foreign infrastructure investment is high quality, sustainable and works for all, with particular reference to China’s Belt and Road Initiative.
The OECD's Greg Medcraft discusses blockchain, starting with the basics of this revolutionary technology.
In the fifth post of his Legacy Blog Series, Roel Nieuwenkamp looks at how the government authorities responsible for implementing the OECD Guidelines for Multinational Enterprises can be strengthened.
In the fourth post of his Legacy Blog Series, Roel Nieuwenkamp encourages the responsible business conduct community to start planning for the next update of the OECD Guidelines for Multinational Enterprises.
In the third post of his Legacy Blog Series, Roel Nieuwenkamp encourages the responsible business conduct community to start planning for the next update of the OECD Guidelines for Multinational Enterprises.