Press Release: Launch of ‘European Alliance for Corporate Social Responsibility’

The European Commission on 22 March 2006 announced its backing of the launch of a 'European Alliance for Corporate Social Responsibility'. The new Alliance was to have an open nature and European enterprises of all sizes were invited to voluntarily express their support. The Alliance was not a legal instrument to be signed by enterprises. It was set up as a political umbrella for new or existing CSR initiatives by large companies, SMEs and their stakeholders. It should lead to new partnerships and new opportunities for all stakeholders in their efforts to promote CSR.