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European Commission urged to promote responsible business practices


Friday, April 7th, 2006


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A consortium of ’s leading organisations in the fields of corporate responsibility and competitiveness has welcomed the emphasis placed by the European Commission on promoting responsible business practices as a driver of the region’s competitiveness.
The consortium, which includes AccountAbility, ESADE, the European Policy Centre (EPC) and INSEAD, has launched an initiative focused on how to accelerate and amplify this link in three of Europe’s leading business sectors: finance, information and communication technologies, and pharmaceuticals.

The link between corporate responsibility and national and regional competitiveness is demonstrated by AccountAbility’s recent ground-breaking report, ‘Responsible Competitiveness’, launched in in December 2005, and simultaneously in Warsaw through the European Academy of Business in Society. The report highlights Europe’s lead in advancing responsible business practices as a long-term competitive advantage, and includes an index covering 80 countries which, for the first time, measures the relationship between corporate social responsibility and economic competitiveness.

An executive summary of the report can be downloaded at www.accountability.org.uk/rc.


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Prof. Dr. Thomas Beschorner

Prof. Dr. Thomas Beschorner ist wissenschaftlicher Leiter von CSR NEWS. Er ist Professor an der Universität St. Gallen und dort Direktor des Instituts für Wirtschaftsethik

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CATEGORIES: +english | +Research Institutes | The Institute of Social and Ethical AccountAbility

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