Role of the Public Sector in Promoting Corporate Social Responsibility

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Role of the Public Sector in Promoting Corporate
Social Responsibility March 10, 2005 Tallinn
Piotr Mazurkiewicz DevComm SDO World Bank
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Role of the Public Sector in Promoting CSR

• Why an engaged public policy covering CSR?
• What would a public policy entail?
• How would it be institutionally maintained?
• How would policy be designed and managed?

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Main obstacles in adopting CSR practices
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How would you rate the following in helping
companies meet social responsibilities
.....Government
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Do you think that current government policies
encourage companies to invest in CSR?
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Why an engaged public policy covering CSR?

• Current situation passive policy stance
• Option for future engaged policy
• business pressure
• public pressure
• pressure from inside the government

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What would a public policy entail?

• Objectives and indicators of Achievement
• Scope of Coverage
• Instruments of public policy
• Targeting to reach identified goals.

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What would a public policy entail? - Objectives
and indicators of Achievement
OBJECTIVES
management systems
assurance standards
The number of companies practicing CSR
Effectiveness and impact of CSR activities
performancereporting
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What would a public policy entail? Scope of
Coverage

• What are the areas in which CSR actions would
  have the
• maximum effect of serving the public interest?
• What type of policy instrument would be the best
  means for
• promoting such actions?
• 3. Where the policy should be targeted?

management systems (e.g.ISO)
performance reporting (GRI)
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What would a public policy entail? Scope of
Coverage Areas of benefit
1. Economic 2. Environmental 3.
Social 4. Governance-related
management systems (e.g.ISO)
performance reporting (GRI)
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What would a public policy entail? Instruments
of Public Policy
 
 
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What would a public policy entail? Targeting to
reach identified goals

1. Nationally
2. Sectoral/Regionally
3. By Class of Firm
4. To a Specific Firm

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How would it be institutionally maintained?

1. Leadership Perspective
2. Organizational Options
3. Sustainability

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How would policy be designed and managed?

1. Identifying the most promising areas to be
   covered
2. Eliciting the level of ownership, commitment, and
   volunteerism.

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Thank You!
pmazurkiewicz_at_worldbank.org
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