This Annual Report on the Guidelines, the third in a series, describes what governments have done to live up to this commitment over the period June 2002-June 2003. It also provides an overview of how the business sectors contribution to the fight against corruption might be enhanced, focusing, in particular, on governments roles in this effort and on how the Guidelines can be used in synergy with other anti-corruption instruments.
Special focus on Enhancing the Role of Business in the Fight Against Corruption
To many people, international investment by multinational enterprises is what globalisation is all about. Promoting appropriate business conduct among such companies is a growing challenge since their operations often straddle dozens of countries and hundreds of cultural, legal and regulatory environments.
The OECD Guidelines for Multinational Enterprises aim to help businesses, labour unions and NGOs meet this challenge by providing a global framework for responsible business conduct. While observance of the Guidelines is voluntary for businesses, adhering governments are committed to promoting them and to making them influential among companies operating in or from their territories.