Mervyn Pedelty told 1,000 business leaders marking the 20th anniversary of Business in the Community’s campaign for corporate social responsibility: ‘Having carefully considered the implications of mandatory reporting, I sincerely believe legislation is the only way to produce the step-change needed if business is to improve its social responsibility record and restore the public’s trust.’
Business in the Community awarded Scottish Power, the energy supplier, with the honour of company of the year for making responsible practices ‘part of its DNA’.
The Co-operative Bank was named the world’s most socially responsible business in the Coporate Conscience Awards run by human rights organisation Social Accountability International.
Pedelty comments are expected to raise the wrath of the corporate sector which has so far resisted all attempts to legislate in this area.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements