European Union's CSR Documents
Among its highlights, the EU has set up a multi-stakeholder forum on CSR with the task of defining, by mid-2004, commonly agreed guidelines and criteria for CSR measurement, reporting and assurance and guidelines for labelling schemes. The report notes that more and more consumers regard CSR as important in their purchase decisions and reaffirms its call to keep a register of blacklisted companies, which should not be allowed to receive EU contracts. The EU's report notes as well that, since sustainable development is a global concept, CSR must be applicable for companies based in or operating in the EU and should be designed so as to be applicable outside the EU, especially in the South.
"The Green Book" Promoting a European framework for corporate social responsibility. Green Paper (2001)
This Green Paper aims to launch a wide debate on how the European Union could promote corporate social responsibility at both the European and international level, in particular on how to make the most of existing experiences, to encourage the development of innovative practices, to bring greater transparency and to increase the reliability of evaluation and validation. It suggests an approach based on the deepening of partnerships in which all actors have an active role to play.
Corporate social responsibility. A business contribution to sustainable development
The consultation process on the Green Paper has supported Community action in the field of CSR. In the present Communication, which constitutes a follow-up to the 2001 Green paper, the Commission presents a EU strategy to promote CSR. It consists of six chapters. The first chapter briefly summarises the outcome of the consultation process. The second chapter develops the European strategy to promote CSR including a definition of the concept of CSR, its place in the sustainable development context and its impact on business and society. Chapters three to six describe related proposed actions.