Activities of Robert STURDY related to 2012/2097(INI)
Shadow opinions (1)
OPINION on Corporate Social Responsibility: promoting society’s interests and a route to sustainable and inclusive recovery
Amendments (9)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Regrets that the Commission has not yet drawn upNotes with interest the Commission's concrete proposals on the implementation of CSR principles in EU trade policy;
Amendment 8 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Commands all members of the OECD for their comprehensive work on the OECD Guidelines for Multinational Enterprises as published as of 25 May 2011 that are far reaching recommendations for responsible business conduct that 44 adhering governments – representing all regions of the world and accounting for 85% of foreign direct investment – encourage their enterprises to observe wherever they operate;
Amendment 13 #
Draft opinion
Paragraph 2
Paragraph 2
2. Asks the Commission to include a CSR claudraw on CSR principles as defined in the latest OECD Guidelines for Multinational Enterprises in allrelevant chapters of bilateral trade and investment agreements signed by the EU, on the basis of principles of CSR as; stresses that these OECD guidelines have been defined and acknowledged at the international level; suggests that this clause contain measures for in order to set and maintain a level playing field, while fostering open, fair, and responsible business practices worldwide; suggests to the Commission to report annually to both the European Parliament and the Council on the implementation of these principlOECD guidelines;
Amendment 20 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Calls on the Commission to ensure that all companies operating in the Single market, including transnational corporations whose subsidiaries or supply chains are located in the EU, comply with all their legal obligations at both the national and EU level in order to ensure fair competition and maximise the benefits for EU consumers; calls also on the Commission to actively promote responsible business conduct amongst EU companies operating abroad with a special focus on ensuring strict compliance with all their legal obligations stemming from either domestic laws or any bilateral or international legal obligations their business operations are subject to therein, none the least compliance with international standards and rules in the areas of human rights, labour and the environment; to this aim, suggests to the Commission to actively engage with its partners in developing and emerging countries to exchange best practices and know-how on ways and means to improve the business environment and awareness about responsible business conduct;
Amendment 26 #
Draft opinion
Paragraph 3
Paragraph 3
Amendment 31 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Reminds that for settling commercial disputes and/or seeking compensation for negative externalities of irresponsible or illegal business activity both court litigations and alternatives to court litigations already exist; calls, in this regard, on the Commission to further enhance awareness of both amongst the businesses community and the public at large; recalls that the International Chamber of Commerce (ICC) provides dispute resolution services for individuals, businesses, states, state entities, and international organizations seeking alternatives to court litigation that can contribute to improve effective access to justice for victims in the event of breaches of responsible business practices causing economic, social and environmental damages in the EU and/or abroad;
Amendment 36 #
Draft opinion
Paragraph 4
Paragraph 4
Amendment 45 #
Draft opinion
Paragraph 5
Paragraph 5
Amendment 49 #
Draft opinion
Paragraph 6
Paragraph 6
6. Regrets thatWelcomes the current reform of the Transparency Directive (2004/109/EG) and of the Accounting Directive (2003/51/EG) does notthat do address the issue of corporate social responsibility sufficiently; calls on the Commission to ensure that companies falling under these directives are obliged to report regularly on theirby rightly balancing both the legitimate quest for transparency in business operations and the burden of reporting for companies concerned, especially SMEs; considers, in this regard, country-by-country reporting as a feasible and viable standard for company reporting, including on CSR activities, particularly in non-EU states.