"Additional initiatives" [2005] ELECD 340; in Tully, Stephen (ed), "International Documents on Corporate Responsibility" (Edward Elgar Publishing, 2005)

Book Title: International Documents on Corporate Responsibility

Editor(s): Tully, Stephen

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781843768197

Section: Chapter 117

Section Title: Additional initiatives

Number of pages: 2

Extract:

117. Additional initiatives

i. Keidanren (Japan Federation of Economic Organisations): Charter of Corporate
Behaviour, 2002


Commentary: The Charter was first introduced during 1991 and subsequently
revised in 1996, 2002 and 2004: see www.keidanren.or.jp. The original Japanese
language version is the official text used by Keidanren. The Charter includes ten prin-
ciples with respect to legal compliance, consumer confidence, fair competition, infor-
mation disclosure, positive environmental involvement, committing to good
corporate citizenship, promoting economic development, providing safe and comfort-
able working environments, rejecting relationships with organisations engaged in ille-
gal activities and management responsibility for implementation in consultation with
stakeholders. In the event of violations, management is expected to investigate,
develop reforms, make information publicly available and initiate disciplinary action.



ii. Social Venture Network: Standards of Corporate Social Responsibility, 1999


Commentary: The Social Venture Network (www.svn.org) was established in
1987 to promote business roles in solving social problems. Developed over four years
and intended to be a living document, the Standards are a compendium of strategies
and techniques for improving organisational performance. They were the product of
collaboration between several SVN members in recognition that companies have
social obligations to operate in an ethically, socially and environmentally responsible
manner. Each Standard consists of Principles (a brief value statement), Practices (prac-
tical illustrations), Measures (tangible performance indicators observable in qualita-
tive, quantitative or monetary terms) and Resources (additional information sources,
tools, and techniques for implementing customised approaches). The Principles
consist of a commitment to ethical behaviour, stakeholder ...