(Published in the Japan Times of 21 july 2003).
— In Europe, Dutch companies are widely considered to be the front runners along with British companies in addressing the need for corporate social responsibility.
However, most Dutch companies, nongovernmental organizations, and even the Dutch government, are still in the midst of determining how to instill this concept in their corporate behavior.
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A new publication warns: the majority of companies are merely stating their compliance with the expectations of society as opposed to communicating a clear sense of values.
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Self-nominations are expected from investment companies active in SRI for the “Royal Awards for Responsible Investment”.
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Speech “Public Policy and Corporate Social Responsibility” by Mr Erkki Liikanen, Member of the European Commission, responsible for Enterprise and the Information Society.
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Update from the Global Reporting Initiative (GRI).
* GRI Adopts New Business Plan
* Stakeholder Council: In Session!
* ICGN/GRI Panel: Reporting as an Important Element of Good Governance
* Structured Feedback Process Launched
* Have Your Say: Web Forum Now Online
* GRI at Work Around the World
* Alyson Slater Appointed as GRI Communications Manager
* Uptake of GRI Guidelines Continues
* GRI On The Move
* Quotation of the Month
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Research published today (Thursday, July 10) amongst 1,000 employees across Britain shows that they see a clear connection between responsible business practice and positive impact on the bottom line. It found that responsible practice can help to attract, motivate and retain a talented and diverse workforce, that employees think such a workforce would be more creative and innovative, and that this would in turn improve competitiveness and profitability. However, only 45% of employees find the recruitment rhetoric about corporate values that helped attract them to their employer is actually implemented.
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The Global Reporting Initiative (GRI) invites all interested stakeholders to participate in an essential first step toward the improvement and revision of the Sustainability Reporting Guidelines.
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AccountAbility, the leading professional body promoting accountability standards for sustainable
development, today releases its report, -Redefining Materiality: Practice and Public Policy for Effective Corporate Reporting’.
Redefining Materiality proposes a new approach to defining -materiality’ in corporate reporting. It is particularly relevant to the UK Government’s proposed amendments to Company Law. These amendments will require companies to disclose within an Operating and Financial Review (OFR) social and environmental performance relevant to members’ interests arising from stakeholder concerns and actions.
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Supreme Court dismissed an appeal Thursday by Nike in the Marc Kasky lawsuit. The lawsuit brought by the social activist alleges that the company’s public statements on its overseas labour practices violated a California false advertising law.
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Tighter laws in the US are making it easier to tap telephones and monitor people reading material that is critical of the US. These and other inroads into civil liberties have contributed to the US falling eight places to 25th position in this year’s Country Rating conducted by oekom research.
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The development of the FRP reporting framework is a multi-stakeholder process for which Tellus and CERES serve as conveners and technical support. The framework is properly the product of this process, not of Tellus Institute or CERES. This spring, the FRP achieved an important project milestone in this multistakeholder process-convening the Project’s Steering Panel and holding the first Panel Meeting. The steering panel is the top tier of this multi-stakeholder process, and is the FRP’s primary consultative and advisory body.
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An international study released today reveals that increasing numbers of non-governmental organisations (NGOs) are making strategic decisions to engage with business and governments in an effort to reform market systems – in sharp contrast to the confrontational posture that has characterised previous years.
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