Whose Corporate Social Responsibility?

Initiatives to promote corporate social responsibility should be voluntary.

Programme Component D.6 SME Export Consortia and Corporate Social Responsibility

Programme Component D.6 SME Export Consortia and Corporate Social Responsibility 57

The publication Corporate Social Responsibility and the Development Agenda Should SMEs Care?

Targets and performance indicators relating to the Core Corporate Commitments for Children in Emergencies (CCCs) were also being developed.

Civil society and corporate sector, which would contribute to the initiative, ruled by principles of corporate responsibility and social, cultural, environmental and technical sustainability.

Positive corporate contributions to the economic and social development of host developing countries

Positive corporate contributions to the economic and social development of host developing countries

In the ensuing discussion, questions were raised regarding the precise definitions of general terms such as corporate responsibility , corporate social responsibility and positive corporate contribution , and regarding the notion of a corporate responsibility for development, as well as UNCTAD's mandate in this regard.

To measure institutional performance, UNDP has produced a new corporate scorecard', which has inspired other mainstream agencies and donors to do likewise.

Item 3. Positive corporate contributions to the economic and social development of host developing countries

National Association of Corporate Directors (2000). Report of the NACD Blue Ribbon Commission on Performance Evaluation of Chief Executive Officers, Board and Directors.

Expert Meeting on Positive Corporate Contributions to the Economic and Social Development of Host Developing Countries

Expert Meeting on Positive Corporate Contributions to the Economic and Social Development of Host Developing Countries

Corporate social responsibility for development by TNCs in Africa, which entailed maximizing TNCs for the economic and social development of host States, was imperative.

The European Union welcomed the ongoing international debate on corporate social responsibility, business ethics, accountability and transparency.

Even where no legislation exists, it is considered good practice to make additional commitments, as corporate reputation and performance may require recognition of broader interests.

IFPMA and its member organisations (as well as individual corporations) do carry out Corporate Social Responsibility (CSR) activities.

report of the expert meeting on positive corporate contributions to the economic and social development of host developing countries

Improved economic performance, a more favourable policy environment and corporate profitability, as well as an increase in M A activity in the region, are key underlying factors.

And I found it fascinating that the social responsibility team was not formed as part of some grand corporate strategy.

The panellist from the UN Research Institute for Social Development reflected on the institutional and policy dimensions of corporate responsibility.

The importance of ensuring corporate social responsibility and accountability, including with regard to the rights of workers, was also stressed.

To engage in a pro active dialogue on matters related to corporate developmental responsibility and good corporate governance of Transnational Corporations, which entails maximizing their contribution to the economic and social development of host developing countries.

Pointing to the example of the ILO Tripartite Declaration, he emphasized the need to look also at qualitative aspects of corporate contributions, including matters related to social protection, social dialogue and the business impact on social institutions.

However, performance seems to have been adversely affected by the social unrest which has beset the country.

Grundsatzkommission Corporate Governance (German Panel for Corporate Governance) (2000). Corporate Governance Rules for German Quoted Companies.

And the conclusion was it was tasks that included social evaluative threat threats to self esteem or social status in which others can negatively judge your performance.

Other important issues included Corporate Social Responsibility and a development oriented coherence between national development strategies and decisions emanating from international financial institutions.

8. Stresses the importance of good corporate governance and corporate social responsibility, and encourages the Global Compact Office to continue to foster responsible business practices and to promote the sharing of best practices and positive action through learning, dialogue and partnerships

Nobody, and no country, can afford to be there, where performance is poor and there are large social disparities.

Germany, my own country, in the year 2000, featured in the lower quadrant, below average performance, large social disparities.

Performance criteria are necessary to monitor the management and administration of the Agency's health, education and social service facilities.

Understanding the specificities of the social and economic conditions of host countries and addressing social and economic concerns was crucial for corporate investment strategies, not only from an ethical perspective but also, and more importantly so, from a long term business perspective, since the long term maximization of shareholder value included matters related to corporate economic responsibility.

(iii) promoting regional cooperation in investment promotion and enterprise development, including public private partnerships in infrastructure development and the promotion of Corporate Social Responsibility

The Panel considers that the international business community should be encouraged, through their corporate social responsibility schemes, to provide resources to meet these needs.

(iii) Inviting industry to make financial contributions to Strategic Approach implementation, emphasizing project activities that are consistent with good corporate social and environmental responsibility

Statement on Global Corporate Governance Principles. International Corporate Governance Network.

The group took the view that the board should disclose its policy and performance in connection with environmental and social responsibility and the impact of this policy and performance on the firm's sustainability.

Revised Statement on Global Corporate Governance Principles. International Corporate Governance Network.

Finance Committee on Corporate Governance (2000). Malaysian Code on Corporate Governance.

He welcomed the proposal for promoting a better understanding of international investment issues and noted the plan to facilitate and enhance positive corporate social contributions.

Mandatory (e.g. performance requirements), inducive (e.g. incentives) and hortatory (e.g. voluntary guidelines) approaches to increasing corporate contributions to development have been pursued at various times, in various circumstances and with various degrees of success.

In order to facilitate and enhance positive corporate contributions to development, the scope of the economic and social dimensions of the CR concept need to be explored, so as to identify relevant parameters through which positive corporate contributions are, and can be better, achieved.