(Pix Source HERE)
This Blog Essay site devotes every February to a series of integrated
but short essays on a single theme. For 2013 this site introduces a new
theme: The U.S. National Contact Point: Corporate Social
Responsibility Between Nationalism, Internationalism and Private Markets
Based Globalization.
Part 19: Does the U.S. NCP measure up (or Down) to the Activities of Other State NCPs Cont: The 2005 and 2006 Summary Reports?
This series builds on some ideas I have been working through for a
number of years relating to a fundamental shift in the
approaches to corporate governance that broaden the ambit of corporate
governance issues from a singular focus on internal governance (the
relationships among officers, shareholders and directors) to one that
includes corporate behavior and the standards by which officers,
directors and shareholders exercise their respective governance
authority. This shift also changes the scope of what is understood as
"law" to be applied to issues of corporate governance, from one
principally focused on national law to governance
norms that may be sourced in the declarations and other governance
interventions of public and private international bodies. Lastly, it
appears to point to an evolution to the role of the state from the
principal source of standards and enforcer of law to a vehicle for the
implementation of international standards in which enforcement power is
left to global market actors--principally consumers and investors
function of the decisions of global actors. All of this is inconsistent
with traditional notions of the role of law, the scope of corporate
governance and the nature of corporate social responsibility int he
United States. The extent to which the United States participates in
the construction of these autonomous international systems may suggest
the direction in which government policy may be moving away from the
traditional consensus of corporate responsibility to something perhaps
entirely new.
The
examination of the US NCP has suggested a pattern of behavior that has
been consistent across Republican and Democratic Administrations despite
the well publicized re-imagining of the US NCP in 2011. The principle
outlines of this behavior evidenced a strong policy that appeared to
understand the MNE Guidelines project as substantially one directed
outbound--that is that it served as an instrument of foreign but not
domestic U.S. policy. In contrast, the OECD Principles of Corporate
Governance tends to reflect and is incorporated as part of domestic U.S.
policy. As part of the foreign policy of the United States, the MNE
Guidelines project are treated as an aspirational set of principles with
no governance effects. U.S. policy and practice is meant to reinforce
the notion that these principles are hortatory, which should not be
transformed, or converted, either through elaboration in glosses from
authoritative sources, or in their application in particular cases, or
in the efforts to promote the MNE Guidelines, into something that
acquires the characteristics of governance instruments. That approach
substantially weakens the utility of the MNE Guidelines directly, and
indirectly the U.N. Guiding Principles on Business and Human Rights, as a
source of standards for governance norms at the international level,
even as enterprises and their stakeholders continue to develop these
norms and apply them to their conduct.
But
is the conduct of the U.S. NCP and the policy premises this conduct
applies unusual in this respect, or does the U.S. NCP reflect a common
OECD NCP culture? This post begins to consider the U.S. NCP in
comparative perspective which will be carried over a number of
subsequent posts.
(Pix (c) Kelly Kay 2013)
Part 19: Does the U.S. NCP measure up (or Down) to the Activities of Other State NCPs Cont.: The 2005-2006 Summary Reports?
[UNDER CONSTRUCTION]
The
OECD has done a fairly good job of information gathering since the
adoption of the MNE Guidelines in 2000. The information can provide a
crude basis of comparison of the approach of the US NCP as compared to
other state NCPs. It can also alert as to points of significant
divergence among NCPs.
Annual Meetings of OECD NCPs. As provided for in the implementation procedures of the MNE Guidelines, the NCPs meet in June each year at OECD Headquarters to share their experiences and to report to the OECD Investment Committee. Each OECD NCP submits its annual report, and together all NCPs discuss activities associated with the Guidelines at a national level. The NCPs also use the occasion to hold consultations with business, labour and NGOs.
This post examines the Annual reports for 2005 and 2006.
The 2005 Summary Report of the Chair of the Meeting on the Activities of National Contact Points (21 September 2001).
The 2006 Summary Report of the Chair of the Meeting on the Activities of National Contact Points (21 September 2001)
Annual Meetings of OECD NCPs. As provided for in the implementation procedures of the MNE Guidelines, the NCPs meet in June each year at OECD Headquarters to share their experiences and to report to the OECD Investment Committee. Each OECD NCP submits its annual report, and together all NCPs discuss activities associated with the Guidelines at a national level. The NCPs also use the occasion to hold consultations with business, labour and NGOs.
Summary reports of the NCP meetings:
2011 2008 2005 2002 2010 2007 2004 2001 2009 2006 2003
Access the annual reports on the OECD Guidelines for Multinational Enterprises
Every year the OECD also holds a roundtable on corporate responsibility, addressing emerging issues and new developments, in conjunction with the annual meetings of National Contact Points. These are meant to inform the work of the NCPs, though they do not bind any adhering state.
- 2011 - Update of the Guidelines for Multinational Enterprises
- 2010 - Updating the Guidelines for Multinational Enterprises
- 2009 - Consumer empowerment and responsible business conduct
- 2008 - Employment and Industrial Relations: Promoting Responsible Business Conduct in a Globalising Economy
- 2007 - The OECD Guidelines for Multinational Enterprises and the Financial Sector
- 2006 - Developing a proactive approach to the OECD Guidelines for Multinational Enterprises
- 2005 - The OECD Guidelines for Multinational Enterprises and the Developing World
- 2004 - Encouraging the Positive Contribution of Business to Environment
- 2003 - Enhancing the Role of Business in the Fight Against Corruption
- 2002 - Supply Chains and the OECD Guidelines for Multinational Enterprises
- 2001 -Global Instruments for Corporate Responsibility
The 2005 Summary Report of the Chair of the Meeting on the Activities of National Contact Points (21 September 2001).
The 2006 Summary Report of the Chair of the Meeting on the Activities of National Contact Points (21 September 2001)
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