AG/RES. 1871 (XXXII-O/02)
PROMOTION OF CORPORATE SOCIAL RESPONSIBILITY IN THE HEMISPHERE
(Adopted at the fourth plenary session held on June 4, 2002)
THE GENERAL ASSEMBLY,
RECALLING that, through resolution AG/RES. 1786 (XXXI-O/01), “Promotion of Corporate Social Responsibility in the Hemisphere,” the General Assembly instructed the Permanent Council to continue examining the topic of corporate social responsibility, in order to define its scope and content, ensuring that this process is enriched by the experience of other international, national, and nongovernmental organizations;
BEARING IN MIND that the Plan of Action of the Third Summit of the Americas supported the discussion of “ways to promote the development, adoption and implementation by the business community of principles of good conduct that will advance corporate social and environmental responsibility” and “support[ed] the continued analysis and consideration in the OAS of corporate social responsibility”;
RECOGNIZING that businesses play a central role in the creation of prosperity and the flow and maintenance of trade and investment in the Hemisphere;
CONVINCED that businesses can make important contributions to sustainable development and increase access to opportunities, which can include reducing inequality in the communities in which they operate;
TAKING INTO CONSIDERATION the increasing expectations on the part of our citizens that businesses will conduct their operations in a manner consistent with their social responsibilities;
MINDFUL that attention to corporate social responsibility is increasing worldwide, and that the concept is being addressed in various multilateral forums;
RECOGNIZING the efforts made by several member states to pay attention to corporate social responsibility activities carried out within those states; and
HAVING SEEN the report of the Permanent Council on strengthening probity in the Hemisphere and on the follow-up to the Inter-American Program for Cooperation in the Fight against Corruption (CP/GT/PEC-121/01),
1. To request the Permanent Council to continue to foster the exchange of experience and information among the OAS, other multilateral organizations, international financial institutions, the private sector, and civil society organizations, among other pertinent bodies, in order to coordinate and strengthen cooperation activities in the area of corporate social responsibility.
2. To congratulate the Permanent Council on the success of its special meeting on practices in terms of corporate social responsibility in the Hemisphere and the role of government in promoting them, which was attended by public and private sector experts from various regions of the Hemisphere and by international organizations.
3. To instruct the Permanent Council to participate, with the Inter-American Development Bank (IDB), the World Bank, and other appropriate international organizations, in the organization of the Americas Conference on Corporate Social Responsibility, convened by the IDB, to be held in Miami, United States, from September 22 to 24, 2002, with the participation of representatives of OAS member state governments and civil society, including business and labor groups.
4. To encourage OAS member states, insofar as possible, to inform their private sectors, business associations, unions, and academic and civil society organizations about the upcoming Americas Conference on Corporate Social Responsibility, and to promote their participation and that of experts and officials.
5. To instruct the Permanent Council to provide support to the Americas Conference on Corporate Social Responsibility, within the resources allocated in the program-budget and other sources, and to ensure that proper follow-up is given to the Conference in the OAS context, in keeping with the spirit of the Plan of Action of the Summit of the Americas.
6. To instruct the Permanent Council to consider the possibility and advisability of convening a special meeting on corporate social responsibility to be held in the first half of 2003; and to encourage member states, should they see fit, to appoint representatives to report on progress in this area within their countries.
7. To instruct the Permanent Council to report to the General Assembly at its thirty-third regular session on the implementation of this resolution.
1. Some delegations understand the concept of corporate social responsibility as including, inter alia, respect for human rights and labor rights, environmental protection, community participation, health care, education and training, socially responsible investment, and the fight against corruption.