Presented by Marie France Houde, 26 May 2010

1. OECD Guidelines for Multinational Enterprises and the GRI The OECD Guidelines Why the OECD Guidelines need the GRI ? Strengthening the partnership: What will OECD do?

2. Adopted in 1976, revised in 2000 Based on universally shared values, principles and norms Applicable worldwide 42 adhering countries (31 OECD countries, 11 non-OECD countries: Argentina, Brazil, Egypt, Estonia, Israel, Latvia, Lithuania, Morocco, Peru, Slovenia and Romania) – and other countries have applied A unique implementation mechanism What are the OECD MNE Guidelines? They are voluntaryrecommendations to MNEs in all major areas of business ethics They are the most comprehensive government-backed code of conduct for enterprises with multi-stakeholder involvement

3. Whydothe OECD Guidelinesneed the GRI? The Guidelines encourage MNEs to apply high quality standards for disclosure of financial and non-financial information. A standardized template is needed to ensure consistency and comparability of sustainability reporting under the Guidelines and other instruments. GRI is the leading framework for sustainability reporting. GRI is a major source of knowledge on corporate responsibility issues and draws upon a large multi-stakeholder network.

4. Strengthening the partnership:What will the OECD do? Promote a greater use of the GRI Framework Engage the GRI as a “partner” of the Update of the OECD Guidelines Reinforce OECD-GRI institutional ties

5. Thankyou !Marie-France HoudeSenior Economist For more information www.oecd.org/daf/investment/guidelines www.oecd.org/daf/investment/pfi