The European Parliament has backed plans to allow victims of European companies’ social and environmental actions to seek redress through national courts by approving a report on corporate social responsibility (CSR).
The Parliament backed the report’s proposed introduction of mandatory environmental and social reporting, and called on member states and the European Commission to support the ILO’s core standards on labour as part of this approach.
The Parliament also noted, however, that markets and companies are at different stages of development across Europe, and therefore a one-size-fits-all method for corporate behaviour is not appropriate and will not lead to a meaningful uptake of CSR by companies.
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