Fostering Corporate Responsibility through Self- and Co-regulation
Fostering Corporate Responsibility through Self- and Co-regulation
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 />
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