Colombia and the OECD Guidelines for Multinational Enterprises

The concept of responsible business conduct is relatively new in Colombia. While there is no comprehensive national policy in place regarding corporate responsibility, the government has taken a range of initiatives to improve business conduct in areas covered by the OECD Guidelines for Multinational Enterprises, consistent with adhering countries’ commitment to good public policies, pursuant to paragraph 9 of the Guidelines’ Preface. Business associations and civil society organisations are also developing tools to raise awareness and provide guidance to companies on responsible business conduct. Recent surveys show that an increasing number of companies is taking measures related to corporate responsibility, mainly in the areas of labour and environment.