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Title:NEWS & EVENTS >EU Policy update
Date of publishing:May 06, 2011
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Language:English
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NEWS & EVENTS >EU Policy update

EU Policy

Corporate Social Responsibility is part of the Europe 2020 strategy for smart, sustainable and inclusive growth. It can help to shape the kind of competitiveness model that Europe wants.
In March 2010 the European Commission made a commitment to “renew the EU strategy to promote Corporate Social Responsibility as a key element in ensuring long term employee and consumer trust”.

The European Commission launched a consultation on the topic of Packaged Retail Investment Products (PRIPs) initiative, to which the AI CSRR responded: AI CSRR Response. The PRIP’s initiative is about the scope, the legislative approach & the content of a possible regime for product disclosure including ESG matters in retail investment.

Corporate social responsibility (CSR) is good for society, the environment and business. That is why the European Commission is working to promote it in various industrial sectors, July 2010.

Speech of Vice-President Tajani to the Leaders’ Summit of the United Nations Global Compact, June 2010

Protect, Respect, Remedy – Making the European Union take a lead in promoting Corporate Social Responsibility November 2009

Public Policy Position Paper related to Sustainable and Responsible Investment (“SRI”), April 2009

The Commission's Communication of 2006
It emphasises the importance of CSR and challenges business to take leadership in this field. It also outlines ways in which the Commission intends to continue to promote CSR as a voluntary concept, with an emphasis on dialogue between stakeholders.