What is the code of conduct of multinational corporations?

An intergovernmental international economic organization composed of 10 observer countries aims to meet the economic, social and government governance challenges brought by globalization and seize the opportunities brought by globalization. From 65438 to 0976, the Organization for Economic Cooperation and Development formulated the Guidelines for Multinational Enterprises, which were signed by 34 governments and gradually spread around the world. This standard made an important contribution to the global enterprise standard movement in 1970s. In 2000, the Organization for Economic Cooperation and Development revised this standard, focusing on sustainable development and incorporating all the core labor agreements of the International Labour Organization, which shows that the newly revised standard highlights the guidance for enterprises to fulfill their social responsibilities. The content of the code has comprehensive characteristics, covering general policies, information disclosure, labor relations, environment, combating bribery, consumer interests, science and technology, competition, taxation and so on. OECD's Code of Conduct for Multinational Corporations follows the following applicable principles: (1) It is voluntary for enterprises to abide by this code, not mandatory by law; (2) The government that joins this Code should encourage enterprises operating in its territory to abide by this Code; (4) This standard is applicable to all entities (parent companies and/or subsidiaries) within multinational enterprises; Linkus Media Communication Group Page 2 * * * Page 2 (5) This specification is also applicable to any related multinational enterprises and domestic enterprises; (6) The governments of countries that have joined this standard should promote enterprises to implement this standard. The Code is promoted and tried out through the national contact points of OECD member countries. Through these contact points, we will continue to publicize the code and provide consulting services to solve the problems faced by * * *. These measures have promoted the implementation and observance of the Code of Conduct. However, these codes of conduct, like international labor agreements, are aimed at the government, and it is difficult to guarantee that enterprises will bear relevant responsibilities, so the promotion of enterprises to fulfill their social responsibilities is limited. After 30 years of popularization and application, the Code of Conduct for Multinational Corporations of the Organization for Economic Cooperation and Development has made great progress. In addition, the OECD has successively published the OECD Principles of Corporate Governance, Corporate Governance: A Survey of OECD Countries and the OECD Guidelines on Corporate Governance of State-owned Enterprises, which have enriched and developed the guidelines and had an important impact on corporate governance reform, establishment of their own corporate governance norms, formulation of new legislation and adoption of new regulatory measures in OECD member countries and non-member countries.