Activities of Nadja HIRSCH related to 2012/2098(INI)
Plenary speeches (1)
Corporate social responsibility: accountable, transparent and responsible business behaviour and sustainable growth - Corporate social responsibility: promoting society's interests and a route to sustainable and inclusive recovery (debate)
Shadow opinions (1)
OPINION on Corporate Social Responsibility: accountable, transparent and responsible business behaviour and sustainable growth
Amendments (5)
Amendment 3 #
Draft opinion
Paragraph 1
Paragraph 1
1. Commends the Commission’s intention to conduct Eurobarometer surveys on trust in business; advocates that corporate social responsibility (CSR) can fully contribute to restoring lost confidence, as this is absolutely necessary for economic recover; notes that when business assumes responsibility for society, the environment, and employees, it creates a win-win situation that serves to broaden the basis of trust necessary for economic success; considers that making CSR part of sustainable business strategy is in the interest of business and of society;
Amendment 10 #
Draft opinion
Paragraph 2
Paragraph 2
2. StressBelieves that co- and self-regulation cannot be a substitute for appropriate regulation in any of the areas covered by CSR, but believes that it could underpin existing private and voluntary CSR initiatives by establishing minimum principleso as to ensure consistency, materiality, multi-stakeholder input and transparency;
Amendment 20 #
Draft opinion
Paragraph 3
Paragraph 3
3. Welcomes the Commission’s intention to launch a ‘Community of Practice’ on CSR; considers that this must be complementary to a code of good practice for co- and self-regulation, allowing all stakeholders to engage in a collectivemmon learning process in order to improvestrengthen the efficiency and accountability of multi- stakeholder CSR actions;
Amendment 24 #
Draft opinion
Paragraph 4
Paragraph 4
4. Fully supportEndorses the Commission’s intention to bring forward a legislative proposal on ‘non-financial disclosure’ by business;, warns that use of the term ‘non- financial’ should not disguise the very real financial consequences for business of social, environmentalhich will enable the EU to encourage European business to apply the UN Guiding Principles on Business and hHuman rRights i1 and the UN Global Compacts; calls for an ambitious proposal which places the EU at the heart of the many current international initiatives onsiders that the above proposal should be in line with Integrated Reporting, as currently developed by the IIRC; points out in addition that the impacts of business action mandatory corporate sustainability reporting and which is fully in line with the objective of making Integrated Re social involvement can also be measured in financial terms; __________________ 1 Report of the Special Representative of the Secretary-General on the issue of human rights and transnational corporating, as currently developed by the IIRC, the global norm by the end of the decade;ons and other business enterprises, John Ruggie: Guiding Principles on Business and Human Rights: Implementing the United Nations “Protect, Respect and Remedy” Framework, 21 March 2011.
Amendment 36 #
Draft opinion
Paragraph 6
Paragraph 6
6. Stresses that the link between good corporate responsibility and good corporate governance can only be achieved if CSR is a mainstream part of the company affecting its day-to-day financial strategy; believes that the Commission should explore opportunities to ensure that CSR strategy is agreed at board levelmust not be reduced to a marketing tool, but that the only way to develop it to the full is for CSR to be embedded in the overall business strategy and implemented and translated into reality in day-to-day operations.