| Korean Transnational Corporations Watch (KTNC Watch), PUSAKA, SKP-KAMe, and WALHI Papua & POSCO INTERNATIONAL, the National Pension Service (NPS) and the Export-Import Bank of Korea (KEXIM) | |
|---|---|
| Lead NCP | Korea, Republic of (South) |
| Supporting NCP(s) | |
| Description | Specific instance submitted by four NGOs concerning an alleged non-observance of the Guidelines. |
| Theme(s) | General policies, Disclosure, Human rights, Environment |
| Date | 19 Dec 2019 |
| Host country(ies) | Korea |
| Source | NGO |
| Industry sector | Construction |
| Status | In progress |
| Summary | Read the initial assessment published by the NCP on 9 September 2020: English On 19 December 2019, four NGOs, Korean Transnational Corporations Watch (KTNC Watch), PUSAKA, SKP-KAMe, and WALHI Papuathe, submitted a specific instance to the Korean NCP alleging that POSCO INTERNATIONAL, the National Pension Service (NPS) and the Export-Import Bank of Korea (KEXIM) had not observed the General Policies (Chapter II), Disclosure (Chapter III), Human Rights (Chapter IV) and Environment (Chapter VI) provisions of the OECD Guidelines. The specific instance concerned environmental and social issues related a Palm Oil plantation located in Indonesia.
The NCP is currently offering its good offices to the parties. |
