Recently, it has been reported that the UN Global Compact had asked its Local Focal Points, in countries adhering to OECD Guidelines for Multinational Enterprises, to explore collaborative opportunities with NCPs.

The OECD Guidelines for Multinational Enterprises are a comprehensive code of conduct adhered to by the 30 OECD countries, along with 12 non-member countries. Designed to promote positive multinational enterprise action in economic, environmental, and social issues, the OECD Guidelines are a complement to the Global Compact’s Ten Principles. The Guidelines have a unique implementation mechanism as handled by National Contact Points, which includes mediation and conciliation to help resolve investment disputes. This dovetails well with the Global Compact’s focus as a learning initiative and facilitator of dialogue, which helps participants implement policies that embody the Ten Principles.