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Article

3 Jul 2002

Author:
Friends of the Earth Europe

One Week After Worldcom: Europe Bows to Big Business - White Paper on Corporate Social Responsibility disappointing, says FoEE [Friends of the Earth Europe]

The European Commission has missed a huge opportunity to stop big business scandals by producing a White Paper on Corporate Social Responsibility that advocates leaving big business to regulate itself...The Commission’s paper ignores calls from Friends of the Earth and others for binding rules to regulate multi-national companies world-wide. FOE has called for the paper to address binding corporate accountability including key measures such as, at the very least, mandatory social and environmental reporting.