The Common Good
September-October 2003

How Does Your Company Measure Up?

by Rose Marie Berger, Kate Bowman | September-October 2003

How Does Your Company Measure Up?

How Does Your Company Measure Up?

After 10 years of intensive international work, the Globalizing the Principles Network released "Principles for Global Corporate Responsibility: Bench Marks for Measuring Business Performance," the work of a diverse global coalition of religious organizations and advocacy groups. "The Global Bench Marks will help us concentrate on key issues with our global partners," said Barbara Hayes of the U.K.-based Ecumenical Council on Corporate Responsibility. The top benchmarks include:

  • A new relationship between corporations, communities, and ecosystems
  • Sustainable systems of production and equitable systems for distribution
  • Participation of community stakeholders in the decision-making processes of companies
  • Preservation and protection of the environment for present and future generations
  • Respect for the dignity of every person and for workers' right to organize
  • Strong codes of conduct and independent monitoring for corporations and suppliers
  • Development of a human rights policy based on the Universal Declaration of Human Rights
  • Commitment to the principle that every worker has the right of access to health care, including AIDS treatment

    Source: "Principles for Global Corporate Responsibility: Bench Marks for Measuring Business Performance" at www.bench-marks.org.

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