Corporate responsibility

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

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 Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment was cited as a possible model in this regard Define the norms for regulating PMCs and PSCs.

Fewer and fewer companies will meet basic risk criteria.

The degree of differences between codes may reflect the degree to which company law or listing standards specify board responsibilities.

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

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

Where there was a need for corporate standards and regulatory enforcement, it was the responsibility of the particular Governments to act.

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.

We have overhauled our legal system, and we are adopting high standards of good governance in the corporate and public sector.

The Office of Ethics, once established, will be responsible for standard setting on ethics issues and training, in coordination with the Office of Human Resources Management.

We have a situation where private companies are applying censorship standards that are often quite arbitrary and generally more narrow than the free speech constitutional standards that we have in democracies.

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.

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

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

Related to this comply or explain rule, some countries now require companies with foreign listings to disclose the extent to which the local governance practices differ from the foreign listing standards.

The Provisional Institutions of Self Government have not taken responsibility for monitoring resource allocation and expenditures against the fair share financing norms agreed for the municipalities.

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.

CACG Guidelines stress that evaluations should be based on objective criteria.

It was important to establish regulatory standards and procedures against which activity on the part of individuals or companies could be measured to determine if they were illegal.

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 .

(c) Human rights standards applicable to transnational corporations and other business enterprises that dump toxic and dangerous products and wastes

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.

The codification of standards for the care of children began as early as 1947 with the Rules of Childcare, in which the State assumed responsibility for providing childcare.

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

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

Governments could establish criteria that would need to be met by the companies wishing to be included in the databases, and monitor continuing compliance with those criteria.

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

Finally, it is important to have appropriate environmental standards that monitor and set controls on adverse externalities generated by firms.

It is difficult to talk about standards of corporate governance in Russian state owned companies, since most do not even have regularly scheduled board meetings, owing to the unpredictability of government officials schedules.

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.

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

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.

Investors and public officials in countries where controlled companies dominate should stop using global governance standards based on the designers experience with widely held firms in the US.

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.

The International Maritime Organization, convened in 1959 by the United Nations, is responsible for devising measures aimed at the prevention of accidents, including standards for ship design, construction, equipment, operation and manning.

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

In most circumstances, the financial reporting standards required for corporate reporting are contained in the generally accepted accounting principles recognized in the country where the entity is domiciled.