Table of Contents

International Documents on Corporate Responsibility

International Documents on Corporate Responsibility

Edited by Stephen Tully

International Documents on Corporate Responsibility includes the principal international, regional and national instruments drafted by intergovernmental organisations or states as well as codes of conduct formulated by industry associations, trade unions and non-governmental organisations. The coverage includes the fields of human rights, international criminal and environmental law, labour standards, international trade, armed conflict, sustainable development, corruption, consumer protection and corporate governance. Each document is accompanied by a brief explanatory commentary outlining the historical origins of the instrument, the principal actors involved, controversial negotiation issues, applicable implementation procedure, and identifies further reference material.

Chapter 80: International Chamber of Commerce: Business Charter for Sustainable Development, 1991

Edited by Stephen Tully

Subjects: law - academic, company and insolvency law, corporate law and governance

Extract

Commentary: The International Chamber of Commerce (ICC, www.iccwbo.org) first published the Business Charter in 1987 with a view to assisting business following the release of the Brundtland Commission Report. See also, ICC (1974), ‘Environmental Guidelines for World Industry’, Publication No 435, Paris. Commencing in 1989, numerous companies and business organisations contributed input over a two-year period to the ICC Working Party for Sustainable Development. A revised Charter was adopted by the ICC Executive Board in 1990 and formally launched in 1991 as a Declaration on Environmental Management at the Second World Industry Conference on Environmental Management in Rotterdam just prior to UNCED. The Charter is promoted as a set of good practices from which companies may formulate their own environmental management system (EMS) and continuously improve environmental performance. The ICC does not attempt to ‘enforce’ compliance but features corporate endorsers in a ‘Company Showcase’ and regularly publishes Charter bulletins. See further, ICC (1985), ‘MNEs: Their Contribution to Economic Growth and Development’, Paris; ICC (2000), ‘Responsible Business Conduct: An ICC Approach’, Paris. See also the Bundesverband der Deutschen Industrie eV (1992), ‘Perspectives 2000’, Berlin. Introduction Sustainable development involves meeting the needs of the present without compromising the ability of future generations to meet their own needs. Economic growth provides the conditions in which protection of the environment can best be achieved, and environmental protection, in balance with other human goals, is necessary to achieve growth that is sustainable. In turn, versatile, dynamic, responsive and profitable businesses are required as the driving...

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