OECD Guidelines for Multinational Enterprises on Responsible Business Conduct

[2] The Guidelines are legally non-binding, but the OECD Investment Committee and its Working Party on Responsible Business Conduct encourage implementation among adherents.

Among other tasks, NCPs are charged with supporting a grievance mechanism called 'specific instances' — under this procedure, alleged non-observance of one or more of the Guidelines' recommendations is brought to the attention of an NCP, which then is responsible for helping the parties to find a resolution for the issues raised by providing access to consensual and non-adversarial procedures.

The Committee consists of member states' senior officials from treasuries, economics, trade and industry, and foreign affairs ministries and central banks.

Argentina and Brazil are observers and the 14 non-Members that have subscribed to the Declaration participate in the work of the committee on issues related to the Guidelines.

A Working Party on Responsible Business Conduct was established in 2013 as a subsidiary body of the Investment Committee to help implement the Guidelines and strengthen the system of National Contact Points.