Corporate Social Responsibility
Einde inhoudsopgave
Corporate Social Responsibility (IVOR nr. 77) 2010/12.2.1.3:12.2.1.3 NGOs
Corporate Social Responsibility (IVOR nr. 77) 2010/12.2.1.3
12.2.1.3 NGOs
Documentgegevens:
Mr. T.E. Lambooy, datum 17-11-2010
- Datum
17-11-2010
- Auteur
Mr. T.E. Lambooy
- JCDI
JCDI:ADS365798:1
- Vakgebied(en)
Ondernemingsrecht (V)
Toon alle voetnoten
Voetnoten
Voetnoten
The Natural Value Initiative developed the Ecosystem Services Benchmark. For more information, see: www.naturalvalueinitiative.org, accessed on 3 July 2010.
E.g. Fauna & Flora International and the World Resources Institute.
Deze functie is alleen te gebruiken als je bent ingelogd.
NGOs can contribute to developing a market for BES information services in several ways, including by:
raising awareness, either by developing and distributing knowledge on the concept of biodiversity, or by means of affirmative action;
contributing to the development and application of tools; and
providing information on the biodiversity performance of companies.
The first role of NGOs is well established. Most interviewees (asset managers and ESG Agencies) indicated that they use NGO publications as part of their analyses. As regards their second role, it is worth noting that several NGOs have already delivered valuable contributions. Tools have been developed which can assist companies in analysing BES risks. Guiding documents have been prepared to inform the assessment of corporate BES risks within financial institutions. And recently, a new and investor aimed tool has been launched, which allows a systematic evaluation of corporate BES impact and dependen-cies.1 However, the familiarity of the financial and corporate sector with this work is still very limited. A major part of the developed products has a limited connection to the reality of the financial sector. Based on the recognition that the effectiveness of tools depends mainly on the quality of cooperation with corporate partners at the time of their design, NGOs are increasingly seeking collaboration with financial institutions.2
The third role of NGOs as providers of information on company performance is the least acknowledged. Most ESG Agencies check publicly available information from NGOs for hints of controversies, either per company or per sector. However, this information is always considered additional to the information obtained from the companies, or as a starting point for research. This approach by ESG Agencies will be discussed in further detail below.