BSR Insight | Europe’s CSR Public Policies on the Rise
CSR policies in Europe are growing, according to the second working paper to come out of the Impact Project, a multistakeholder initiative that aims to measure the impacts of CSR in Europe. The “Analysis of the National and EU Policies Supporting Corporate Social Responsibility and Impact” paper suggests a burgeoning relationship between CSR and government policies. The paper cites an increase in the number of policies designed to engage business in addressing international issues including human rights, climate change and sustainable development. Other examples of the spike in CSR: * Endorsement through rhetoric * Subsidies and tax incentives * Collaboration with business and civil society organizations * New accounting and reporting standards The authors did not find much evidence of interest in assessment and indicators of CSR performance; they noted it was unclear whether this reflects a general view that government should not micromanage CSR, or a view that governments have a greater interest in the symbolic power of policy.
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