CCRcorp Sites  

The CCRcorp Network unlocks access to a world of insights, research, guides and information in a range of specialty areas.

Our Sites


A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.


An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.


The “one stop” resource for information about responsible executive compensation practices & disclosure.

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.


Keeping you in-the-know on environmental, social and governance developments

The Organization for Economic Cooperation and Development released an update to their guidelines for Multinational Enterprises on Responsible Business Conduct (the Guidelines) in June. Last week, Ropes & Gray published a memo discussing the updated guidelines – a set of voluntary principles spanning nine topic areas including disclosure, human rights, employment, the environment, bribery, consumer interests, science, competition, and taxation. Originally adopted in 1976, June’s changes constitute the first revision to the Guidelines in over a decade.

The authors discuss the motivations behind the updates:

“In developing the updates, the [Working Party on Responsible Business Conduct, a subcommittee of the OECD Investment Committee] focused on the following: (1) ensuring coherence with OECD priorities and standards; (2) enhancing the OECD’s leadership on responsible business conduct; (3) building on prior achievements and strengths; and (4) ensuring focus and proportionality. The revision process involved two public consultations that were open to interested stakeholders in all countries.

At a high level, the revisions do not change the broad topic categories covered by the Guidelines but rather seek to evolve the recommendations to better reflect the risks facing enterprises.”

While the Guidelines are voluntary, the memo lists several jurisdictions that have incorporated or referenced the Guidelines in national regulations, including Norway, the EU, and Germany. This is often the case with voluntary standards which ultimately get adopted by various jurisdictions whose regulatory requirements align with those voluntary standards.

Back to all blogs

The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the editorial team by providing research and creating content on a spectrum of ESG… View Profile