UK Lawyers for Israel (UKLFI) & PricewaterhouseCoopers Global Network (PwC) | |
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Lead NCP | United Kingdom |
Supporting NCP(s) | |
Description | Specific instance concerning the alleged non-observance of the OECD Guidelines. |
Theme(s) | Disclosure, General policies, Human rights |
Date | 6 Jan 2017 |
Host country(ies) | Palestinian Administered Areas |
Source | NGO |
Industry sector | Financial and insurance activities |
Status | Concluded |
Summary | Read the initial assessment issued by the UK NCP – 15 June 2018 Read the final statement issued by the UK NCP - 11 March 2020 Read the follow-up statement issued by the UK NCP – 6 August 2021 On 6 January 2017, the UK NCP received a submission from UK Lawyers for Israel (UKLFI) alleging that in the course of PwC’s work to audit funds being paid to the Palestinian Authorities (PA) it committed breaches under the General Policies, Disclosure and Human Rights sections of the OECD Guidelines for Multinational Enterprises (the Guidelines). The UK NCP’s initial assessment found that the issues raised in the complaint from UK Lawyers for Israel merit further examination. The UK NCP is making arrangements for mediation between the parties. The UK NCP published its initial assessment on 15 June 2018. On 11 March 2020, the UK NCP published its final statement in which it concluded that the PwC global network of firms’ actions did not breach the OECD Guidelines. The NCP recommended to PwC that it recognise the OECD Guidelines as a standard of responsible business conduct and that it take the necessary steps to ensure that the company’s policies use and reference the OECD Guidelines. On 6 August 2021, the UK NCP issued a follow-up statement noting that PwC had taken actions to ensure observance of the Guidelines, including adding more references to the Guidelines in PwC network central policies and standards. |