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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Appendix<br />
United Kingdom<br />
The idea of business responsibility has a long<br />
tradition in the UK, <strong>and</strong> CR is relatively wellinstitutionalised.<br />
The government has been<br />
very active in developing a political CR framework<br />
<strong>and</strong> public policies. In all of this, government<br />
policy has been guided by a win-win philosophy<br />
which assumes that CR should be good<br />
for long-term business success <strong>and</strong> for society<br />
at large. Thus, it has generally favoured voluntary<br />
approaches to promoting responsible business<br />
behaviour.<br />
In the UK, there is a tradition of fostering CR<br />
with industry in order to achieve social aims.<br />
Sector-specific initiatives seem to be a significant<br />
part of government approaches to CR. Usually,<br />
such initiatives are not directly situated<br />
in government departments but, rather, in devolved<br />
bodies, such as regulatory agencies (e.g.,<br />
the Financial Services Authority) or in armslength<br />
organisations set up to achieve government<br />
aims on certain issues (e.g., the Waste &<br />
Resources Action Programme). It is felt that<br />
such organisations are better able to work with<br />
industry partners in a close <strong>and</strong> flexible manner<br />
than the civil service would be able to.<br />
Existing sector-specific initiatives assume a<br />
variety of forms <strong>and</strong> administrative arrangements.<br />
However, severe cutbacks in public<br />
spending resulting from the financial crisis<br />
have thrown the future of some of these initiatives<br />
into doubt.<br />
CR Actors CR Issues Industry Sector<br />
Chemical Industries Association<br />
Chemical Industries Association<br />
Department for Business, Innovation <strong>and</strong> Skills<br />
Department of Environment, Food <strong>and</strong> Rural Affairs<br />
Department for Business, Innovation <strong>and</strong> Skills<br />
Department of Environment, Food <strong>and</strong> Rural Affairs<br />
Department of Energy <strong>and</strong> Climate Change<br />
Individual large retailers (e.g., Tesco, Marks & Spencer)<br />
British Retail <strong>Co</strong>nsortium (trade association)<br />
Waste & Resources Action Programme<br />
Environment; health <strong>and</strong> safety; waste <strong>and</strong> water<br />
management; process safety<br />
Environment; health <strong>and</strong> safety<br />
Environment; health <strong>and</strong> safety<br />
Sustainable supply chain; hazardous substances<br />
Climate change; carbon emissions<br />
Procurement; design; innovation; climate change; water;<br />
biodiversity; waste<br />
Carbon emissions; energy effi ciency<br />
Fair trade; health; organic produce; employment policies;<br />
charitable giving; support for local communities<br />
Environment; energy; relations with consumers <strong>and</strong> suppliers;<br />
nutrition; sustainable retailing<br />
Waste <strong>and</strong> packaging reduction; environmental impacts<br />
Chemicals<br />
Share of GVA – 0.8<br />
Share of workforce – 0.6<br />
<strong>Co</strong>nstruction<br />
Share of GVA – 7.0<br />
Share of workforce – 6.8<br />
WRT<br />
Share of GVA – 10.9<br />
Share of workforce – 26.0<br />
Individual telecommunications companies (e.g., O2 <strong>and</strong> British<br />
Telecommunications)<br />
Financial Services Authority<br />
British Bankers’ Association; Association of British Insurers;<br />
Department for Environment, Food & Rural Affairs; Department<br />
for International Development; Department of Trade & Industry<br />
<strong>Co</strong>mmunity involvement; workforce diversity; customer relations;<br />
supply chain; energy; CO2 emissions; waste; recycling; water<br />
consumption<br />
Socially Responsible Investment; customer relations<br />
CR reporting<br />
ICT<br />
Share of GVA – 6.1<br />
Share of workforce – 3.6<br />
Financial services<br />
Share of GVA – 10.1<br />
Share of workforce – 3.6<br />
37