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Vigeo Eiris News - 07/02/2013

The European Parliament welcomes the new definition of CSR

The European Parliament adopted on February 7th, two reports on the European Commission strategy on Corporate Social Responsibility (CSR) for 2011-2014.

Those reports endorsed the  definition of CSR set in 2011 by the European Commission as “the responsibility of enterprises for their impacts on society”. The Parliament “welcomes the fact that the definition of CSR set out in the Commission communication, which reflects the new approach first adopted by the Commission in the Multi-stakeholder Forum in 2009, provides an indispensable opportunity for inclusion and consensus-building, and properly reflects the new consensus reached between business and other stakeholders on this issue thanks to the unanimous agreement of the UN Guiding Principles and other instruments such as the ISO 26000 guidance standard on social responsibility

[…]”. The managerial approach of CSR highlighted in the European Commission’s definition is in line with Vigeo’s methodological principles.   Read the reports of the European Parliament: A7-0023/2013 et A7-0017/2013.
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Keywords : ESG, Europe