Mission statement
Members of OECD Watch share a common goal to improve corporate accountability mechanisms in order to achieve sustainable development and enhance the social and environmental performance of corporations worldwide.
The OECD Guidelines for Multinational Enterprises, which can neither impose sanctions nor offer compensation, are at present one of the few mechanisms available for holding companies to account. OECD Watch is committed to testing the Guidelines as part of the wider NGO campaign towards binding regulation of multinationals.
Objectives
- Testing the effectiveness of the OECD Guidelines for Multinational Enterprises as a corporate accountability tool.
- Advising and supporting NGOs about filing complaints against companies alleged to have breached the OECD Guidelines.
- Disseminating information to civil society groups, particularly in developing countries, about the work of the OECD Investment Committee, international investment, corporate governance and accountability and the OECD Guidelines.
- Monitoring and commenting on the work of the OECD Investment Committee and other relevant OECD bodies.
- Contributing to the wider civil society campaign for international regulatory frameworks for corporate behaviour.