1887

Promoting Sustainable and Responsible Business in Asia and the Pacific

The Role of Government

image of Promoting Sustainable and Responsible Business in Asia and the Pacific
This policy-oriented paper identifies initiatives that policy-makers in the Asia Pacific region should duly consider for promoting CSR practices, at both the regional and national levels, and spanning domestic SMEs to large MNEs. The initiatives are diverse in focus and scope, although there is one common denominator: virtually none can be enacted by government alone. Any initiative to promote sustainable and responsible business needs to be sustainable in itself, and that in turn necessitates the active engagement and tangible inputs of the business community.

English

.

Specific recommendations to consider at the national and regional levels

The first recommendation to consider, at the national level, is to provide technical assistance in the establishment of a sustainable and responsible business ‘Council’ in various Asia Pacific countries, intended to: i) develop a national strategy for the promotion of sustainable and responsible business, based on informed diagnostic research and stakeholder consultation; ii) coordinate the various efforts of relevant government agencies in the design and implementation of that strategy, likely to take the form of a time-bound action plan; iii) serve as a permanent platform for stakeholder inputs in the pursuit of that strategy, from conceptualization through to enactment; iv) monitor and evaluate progress being made, and provide strategic oversight of what is likely to require a flexible and evolving set of foci; and v) generally serve as a resource in the pursuit of sustainable and responsible business activity in the relevant host economy.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error