ABC of the main instruments of Corporate Social Responsibility

Summary:

In its Communication of July 2012, the European Commission proposed the setting up of a EU Multi-Stakeholder Forum on Corporate Social Responsibility with the aim to promote transparency and convergence of CSR practices and instruments.

The EU CSR Forum, which is part of the Commission strategy promoting CSR, is an innovative initiative gathering at the same table representative organisations of employers, trade union and civil society  as well as other business organisations. The Commission considers that the involvement of all stakeholders is key to ensure acceptance and credibility of CSR and that the EU success in promoting CSR ultimately depends on widespread ownership of CSR principles by business, social partners and civil society organisations.