Guidelines for Multinational Enterprises

The OECD Guidelines for Multinational Enterprises (hereinafter – the Guidelines) were adopted in 1976 and they were reviewed and updated in 2011. Based on the assessment of the updated Guidelines the following fields which seek to promote the socially responsible behavior of businesses may be singled out:
• the provision of information,
• human rights,
• labour relations,
• environment,
• fighting corruption,
• consumer protection,
• Science and technology,
• competition,
• tax environment.

The Guidelines are mainly intended for multinational enterprises. Chapter 1(4) of the Guidelines provides that no precise definition of a multinational company exists and it is not required. A multinational enterprise should be considered an enterprise which is registered or carries out its activities in more than one country.

Last updated: 03-12-2023