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Report

19 Sep 2014

Author:
CORE Coalition

Doing Business Better: Recommendations for political leadership on corporate accountability & sustainability

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[T]he last five years have seen a crisis of trust in business, following scandals around tax avoidance and excessive executive pay, and revelations of shocking practices in supply chains causing serious harm to people and the environment.  The UK has taken some significant steps to address irresponsible corporate behaviour....In 2013 the UK put corporate transparency on the G8’s agenda and became the first country to release a National Action Plan to implement the UN Guiding Principles on Business and Human Rights. Political will is needed now to translate policy commitments into practical changes.  There is no shortage of opportunities to make a difference: effective international frameworks on tax and investment; measures on due diligence and greater transparency to help prevent abuses in supply chains; and steps to guarantee access to justice for victims of corporate abuse should be priorities. [refers to Associated British Foods, Google, Amazon, Starbucks, Shell, Churchill]