A business-led alliance for corporate social responsibility (CSR) launched by the European commission on Wednesday will help reconcile Europe's economic and environmental ambitions, according to EU enterprise commissioner Günter Verheugen.
In an accompanying communication, the commission called on EU businesses to "move up a gear" and go beyond minimum legal obligations in order to make Europe a "pole of excellence" in CSR.
Speaking at the launch, Etienne Davignon, chair of business network CSR Europe, said that "voluntary does not mean absent". EU companies are carrying out many initiatives in areas like sustainable supply chain management, diversity practices and carbon dioxide emission reductions, he said.
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