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How does your company measure up? (Trade).

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 decisionmaking 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 fight 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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Author:Bowman, Kate
Publication:Sojourners
Date:Sep 1, 2003
Words:179
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