Business & Human Rights

NCPs: Strengthen Grievance Mechanism Against Businesses

June 24, 2015

At their recent annual meeting, the National Contact Points ("NCPs") for the OECD Guidelines for Multinational Enterprises called for countries to stiffen penalties against companies that decline to participate in the NCP grievance process and for greater funding to carry out their mandate.
UN Report Calls for BHR Consideration in Development Goals

June 24, 2015

A recent report from the UN Working Group on business and human rights ("BHR") issues has outlined ways in which the UN system can best implement its Guiding Principles on BHR, including in the UN's development of its upcoming "Sustainable Development Goals."
OECD Action Plan Promotes Global Governance of Businesses

June 22, 2015

The Organisation for Economic Cooperation and Development (“OECD”) has published its Action Plan on Base Erosion and Profit Shifting (“BEPS”), the tax policy action items of which include an extensive country-by-country corporate revenue and tax policy reporting requirement and the adoption of an international treaty.
Garst: OECD BEPS Project Threatens Tax Competition and Economic Liberty

June 22, 2015

In a new paper, the Center for Freedom and Prosperity's Brian Garst explains how, through its Base Income and Profit Shifting ("BEPS") Project, the OECD is engaging in a war against tax competition that will enable "endless global fishing expeditions and provide cover for governments to choke the economy with new taxes."
NGO Calls for Bolstered NCP Corporate Review Process

June 17, 2015

The nongovernmental organization ("NGO") OECD Watch has called for OECD National Contact Points ("NCPs") to do more to ensure corporate accountability for alleged human rights violations and environmental harm, along with material consequences for corporations' refusal to participate in the NCP process.