Analysis on oecd csr framework
Introduction AND SUMMARY OF THE ORGANIZATION
OECD stands for Organization of Economic Co-operation and Development.
It is an organization that develops economic and social policies within its 38 members countries to be applied worldwide.
Members countries must be committed to democracy and the market economy.
Their policies aim sustainable economic growth, better living and working standards, environmental protection as well as Help non-members countries with their economic development.
OECD (2011)
According to the Government of Canada (2021), it is a reliable source of economic and social data and an important tool to Help in the development of public policies.
OECD provides analysis of its members policies, creating better practices, guidelines, and multilateral agreements aiming sustainable growth worldwide.
OECD also develops several initiatives towards CSR such as Guidelines for Multinational Enterprises and the Responsible Business Conduct (RBC).
Those guidelines are addressed to solve and/or reduce issues concerning human rights, working conditions, environmental protection and economic inequalities.
Introduction AND SUMMARY OF THE ORGANIZATION
PROS ON OECD CSR FRAMEWORK
OECD guidelines for multinational enterprises.
The Guidelines are the only multilaterally approved corporate responsibility framework that adherent nations have pledged to promote in an international environment.
OECD Gender in Transport Policy
CSR policies are promoted by the OECD in an attempt to optimise economic results and increase competition for enterprises.
OECD public governance policy.
Helps governments in developing and implementing strategic, concrete proof, and inventive policies that improve public governance, effectively respond to a wide range of complex and challenging economic, cultural, and environmental reasons, and meet their promises to constituents.
It includes several key aspects of corporate conduct, including disclosure of information, human rights, labour and employment, ecology, anti-corruption, and protecting consumers. The guidelines are among the most effective cooperative instruments that NGOs and communities may employ to combat human rights violations by multinational businesses. The guidelines, for example, work on concepts to urge and support corporate and social duties on the part of enterprises so that people’s rights in third-world nations are protected (Organisation for Economic Co-operation and Development, 2022a).
Its policy to promote gender equality in transportation is crucial to achieving universal access for all. By adopting a user-centric strategy that provides a high level of access, addressing gender issues in transportation will benefit not only women but all transport consumers. As a result, they Help governments in conducting gender analyses for transportation and give a resource.
Helps governments in developing and implementing strategic, concrete proof, and inventive policies that improve public governance, effectively respond to a wide range of complex and challenging economic, cultural, and environmental reasons, and meet their promises to constituents (Organisation for Economic Co-operation and Development, 2022b). In 2015, for instance, international leaders approved a 15-year roadmap for a better future. The objectives are to protect our planet for future generations, end extreme hunger and poverty, and build a better world that is healthy, safe, and much more diverse (United Nations, 2022). The OECD SDGs provide such a solid framework for resilient communities, humanitarian situations, and the reduction of volatility risks even in the most extreme circumstances. The ability of agender or goals to achieve a better society is dependent on a significant measure on the integration of effective implementation, through efficient public governance. The OECD is collaborating with nations to gain a better understanding of the governance frameworks, that help countries achieve the SDGs. The OECD Policy Consistency for Sustainable Development Framework will Help in identifying benefits and barter between economic, societal, and environmental policy domains.
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Cons on oecd csr framework
Recommendations
Millennium Development Goals of UN should be in line with OECD Economic & Social Development goals
Tangible initiative need to be implemented for Social and Economic development of all countries in general and member countries in particular
references
Organisation for Economic Co-operation and Development. (2022a). OECD guidelines for multinational enterprises. OECD. https://mneguidelines.oecd.org/mneguidelines_rbcmatters.pdf
Organisation for Economic Co-operation and Development. (2022b). Public governance – OECD. OECD. https://www.oecd.org/governance/
United Nations. (2022). Transforming our world: The 2030 agenda for sustainable development | department of economic and social affairs. https://sdgs.un.org/2030agenda
references
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The OECD’s csr framework was examined.
THE ORGANIZATION’S INTRODUCTION AND SUMMARY
The Organization for Economic Co-operation and Development (OECD) is an international organization that promotes economic cooperation and development.
It is a non-profit organization that develops economic and social policies for its 38 member countries that are then implemented globally.
Democracy and the market economy must be a priority for all members.
Their policies aim for long-term economic growth, improved living and working conditions, environmental protection, and Helpance to non-member countries.
The Organisation for Economic Cooperation and Development (OECD) is (2011)
It is a credible source of economic and social data, as well as a vital tool to aid in the creation of public policies, according to the Government of Canada (2021).
The OECD analyzes the policies of its members in order to develop better practices, standards, and multilateral agreements aimed at achieving global sustainable growth.
The Organization for Economic Cooperation and Development (OECD) is also involved in research and development
