06 Oct '11, 12pm

Denmark Taking Corporate Social Responsibility Seriously via @earthindustry #csr

Denmark Taking Corporate Social Responsibility Seriously via @earthindustry #csr

While the Danish approach to legally encouraging voluntary corporate reporting may not hold companies directly accountable for their social and environmental performance, what the critics seem to be missing is that reporting is only half of the equation. After companies release their reports (and especially if they choose not to), many will argue it is then up to NGOs, shareholder groups, the media and other members of civil society to take that information and run with it. As long as these critical parts of the equation remain underdeveloped, however, innovative approaches like the one promoted by Denmark may only be half as good as they could be — and half as effective as they are designed to be.

Full article: http://earthandindustry.com/2011/10/denmark-taking-corpor...

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