Delay for European-wide CSR strategy

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EU

The European Commission has delayed the publication of a green paper on a European-wide framework for corporate social responsibility (CSR) that was scheduled for 3 July. Employment and Social Affairs Commissioner Diamantopoulou and Enterprise Commissioner Liikanen were due to present the CSR green paper to the European Parliament in Strasbourg after its planned adoption at the weekly Commission meeting. It is understood that the delay is due to the complex nature of CSR that cuts across a number of policy areas making agreement on a final text between the various Commission DGs involved difficult.

Issues:
It is expected that the main focus of the green paper will revolve around Workplace Issues, but other issues that will be addressed include:

* Human Rights
* Socially Responsible Investment
* Social Labelling
* Reporting and Auditing
* Sustainable Development

Next Steps:

The CSR green paper is now due to be adopted by the Commission at its meeting on 18 July 2001.

It is anticipated that the Commission will accept written comments by interested parties on the green paper until 31 December 2001.

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