Nevertheless, many corporate responsibility initiatives currently came directly from industry.

Corporate responsibility

It was also important to place corporate responsibility in its proper context.

Finally, the discussion turned to some of the legal consequences of firms' participation in CSR initiatives.

In their view, companies have a responsibility to ensure that the benefits of globalization are shared equally.

Businesses are taking note, with many preparing to announce new climate initiatives ahead of Paris.

Comparative advantages are derived from resource endowments, and competitiveness stems from firm centred initiatives.

In the ensuing discussion, questions were raised regarding the precise definitions of general terms such as corporate responsibility , corporate social responsibility and positive corporate contribution , and regarding the notion of a corporate responsibility for development, as well as UNCTAD's mandate in this regard.

Some major pharmaceutical companies have already undertaken initiatives in this regard (box 1).

12. Further reaffirms the need to promote corporate responsibility and accountability as envisaged by the Johannesburg Plan of Implementation

11. Further reaffirms the need to promote corporate responsibility and accountability as envisaged by the Johannesburg Plan of Implementation

Corporate responsibility was reflected under subprogramme 2, in response to paragraph 58 of the São Paulo Consensus.

Some leading TNCs from different sectors have therefore made a commitment to make CR a strategic concern in their worldwide operations.

The report does not provide any proposals for addressing the problems arising from the export of polluting technologies from developed to developing countries, the conduct of transnational companies and the issue of corporate responsibility and accountability.

It was his skill at mobilizing large groups of people towards a specific common goal that was largely responsible for Japan's quality improvement initiatives.

Indicator of achievement (e) (i) should read (i) Increased number of companies adhering to the relevant provisions of the World Summit on Sustainable Development with regard to corporate responsibility and the Global Compact .

(a) To identify and clarify standards of corporate responsibility and accountability for transnational corporations and other business enterprises with regard to human rights

The Expert Meeting will commence this process by identifying the areas that are in the common interest of countries and firms, and determining what companies think the economic dimension of the CR concept could involve.

Host countries have a responsibility to ensure that TNCs operate in manner consistent with their domestic and international human rights obligations.

The panellist from the UN Research Institute for Social Development reflected on the institutional and policy dimensions of corporate responsibility.

Monitoring of progress at all levels of action will be needed on the basis of criteria of corporate responsibility and accountability developed from a human rights perspective.

The concept of corporate responsibility (CR) involves a broad range of fundamental social and economic development issues, including human rights, labour rights, environmental protection and good governance.

Such a list would be a new contribution to the analysis of the globalization of R D in the context of assessing what could now be called the corporate developmental responsibility of firms.

It will also be responsible for drawing up the lists of chemical substances whose production, use, transport, import and export by the companies and industries requiring them is subject to control.

Promoting corporate responsibility and accountability and the exchange of best practices, as well as the active involvement of civil society, are also important aspects of building stable policy and institutional frameworks.

Policy Initiative

Eco Coolers have been installed for free in thousands of homes as a part of corporate social responsibility program in villages in Nilphamari, Daulatdia, Paturia, Modonhati, and Khaleya across Bangladesh.

(a) Differences in philosophy and approach between civil and common law traditions concerning management or control of corporate groups and related companies and in approaches to director responsibility and liability in the context of corporate groups

Some 153 (44 per cent) women under 36 years old have also taken advantage of the Industry Leadership initiatives for young people, which include leadership, export development training, corporate governance and study awards.

After deliberating on various aspects of corporate responsibility reporting, the Group of Experts had agreed to continue its work in that area with a view to developing guidance on voluntary disclosures.

Quick win initiatives

Tricontinental initiatives

Partnership initiatives

The issue of the responsibility of non State actors to respect minority rights was raised in regard to the activities of transnational corporations in the oil producing Niger Delta of Nigeria.

Initiatives of the Palestinian Authority

C. Initiatives of the civil society

Moreover, there may also be adverse consequences arising from FDI, further underlining the need for adequate policies and the role of CR.

Parental responsibility

Disclaimer

There have been other international initiatives.

Other initiatives in the field of health

Further, clarifying business responsibility for human rights and promoting good corporate conduct could avoid consumer boycotts and improve the image of businesses for their shareholders.

The scope of the economic dimension of the CR concept needs to be explored with a view to identifying the elements that could constitute the parameters through which positive corporate contributions are, and can be better, achieved.

It will provide first answers to what this concept should entail and how it should be pursued in the future, with a view to developing a common language and understanding concerning the economic and development dimension of CR.

Liability of legal persons