CORPORATE SOCIAL RESPONSIBILTY

Motion Text

That this House believes companies can play an active and beneficial role if their freedom to operate is balanced with corresponding obligations to society; welcomes the broad support for the Corporate Responsibility Bill introduced in the last session of parliament; welcomes also the agreement at the World Summit on Sustainable Development 'to actively promote corporate responsibility and accountability; and urges the Government to enshrine in new company law such policies that require companies and directors to manage their environmental and social impacts, and consult with and report to their stakeholders on these impacts.