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Multinational Companies

Foreign and Commonwealth Office written question – answered on 3rd November 2014.

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Photo of Martin Horwood Martin Horwood Liberal Democrat, Cheltenham

To ask the Secretary of State for Foreign and Commonwealth Affairs, what records his Department keeps of UK companies' compliance with OECD guidelines for multinational companies; and what steps his her Department takes when a company is known to be acting contrary to those guidelines.

Photo of Hugo Swire Hugo Swire The Minister of State, Foreign and Commonwealth Office

We encourage all UK-registered multinationals fully to respect the OECD Guidelines. They are voluntary principles and standards of corporate behaviour for multinational businesses, and Her Majesty’s Government does not keep a formal record of UK companies’ compliance with them other than the assessments and statements on complaints of the UK National Contact Point (NCP) published at https://www.gov.uk/government/collections/uk-national-contact-point-statements

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