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Fostering Corporate Responsibility through Self- and Co-regulation

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3. Sector-specific initiatives as forms of self- <strong>and</strong> co-<strong>regulation</strong><br />

Box 3: Number <strong>and</strong> types of sector-specific initiatives<br />

Awareness-raising <strong>and</strong><br />

partnering are the prevalent<br />

types of sector-specific<br />

initiatives.<br />

Total Awareness-raising Partnering Soft law M<strong>and</strong>ating<br />

Total 65 26 23 14 2<br />

Chemicals 5 2 3 - -<br />

<strong>Co</strong>nstruction 15 3 3 9 -<br />

WRT 19 11 5 3 -<br />

ICT 11 5 5 1 -<br />

Financial services 15 5 7 1 2<br />

Source: Beschorner et al. 2013.<br />

Governments can play<br />

four different roles in<br />

sector-specific initiatives.<br />

Role of government in sector-specific<br />

initiatives<br />

The illustrative examples featured in this study<br />

show that public actors (e.g., national <strong>and</strong><br />

regional ministries, regulatory agencies <strong>and</strong><br />

other public institutions) can play four roles<br />

within public-private collaboration, which in<br />

turn correspond to different degrees of involvement<br />

(see Box 4).<br />

As different types of sector-specific initiatives<br />

usually pursue different goals, the role of public<br />

actors varies substantially. However, certain<br />

patterns can be identified: <strong>Co</strong>ntributing <strong>and</strong><br />

managing roles are the most common ones for<br />

public actors in sector-specific initiatives <strong>and</strong><br />

can be observed in each type of initiative. While<br />

contributing is generally related to financial assistance,<br />

managing refers to assuming steering<br />

<strong>and</strong> monitoring functions. At the same time,<br />

public actors also play a facilitating role in all<br />

types of initiatives. This role is particularly related<br />

to (co-)launching initiatives. Lastly, public<br />

actors also assume a regulating role, especially<br />

in soft-law <strong>and</strong> m<strong>and</strong>ating initiatives. In softlaw<br />

initiatives, in addition to setting st<strong>and</strong>ards,<br />

they often lead by example by being addressees<br />

of such <strong>regulation</strong>s themselves.<br />

14

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