Page 55 - Rižnar, Igor, and Klemen Kavčič (ed.). 2017. Connecting Higher Education Institutions with Small and Medium-Sized Enterprises. Koper: University of Primorska Press
P. 55
Corporate Social Responsibility Disclosures in the Republic of Slovenia
the quality of the environment. Prevent and reduce environmen-
tal pollution and promote sustainable production and consump-
tion to break the link between economic growth and environmen-
tal degradation.
• Social Equity and Cohesion: Promote a democratic, socially inclu-
sive, cohesive, healthy, safe and just society with respect for fun-
damental rights and cultural diversity that creates equal opportu-
nities and combats discrimination in all its forms.
• Economic Prosperity: Promote a prosperous, innovative, knowledge-
rich, competitive and eco-efficient economy that provides high liv-
ing standards and full and high-quality employment throughout
the European Union.
• Meeting our International Responsibilities: Encourage the establish-
ment and defend the stability of democratic institutions across
the world, based on peace, security and freedom. Actively promote
sustainable development worldwide and ensure that the European
Union’s internal and external policies are consistent with global
sustainable development and its international commitments.
A renewed 2011–2014 eu strategy for Corporate Social Responsibil-
ity has been introduced by the European Commission in the year 2011
(European Commission 2011a). Consultations, made on the basis of the
2011–2014 e u c s r strategy showed agreement that the legal regimes
differ significantly across the eu Member States. It has highlighted the
current regime applicable in the particular country’s respective jurisdic-
tion as poor or very poor. For many, the current eu legislative frame-
work lacks transparency. Several respondents think this translates into
a lack of balance and cohesion of reporting by companies, making it dif-
ficult for shareholders and investors to make a reasonable assessment
of the extent to which companies take account of c s r in their activi-
ties. With respect to the regime on non-financial disclosure, improve-
ments have been suggested, such as: that the eu should draw on frame-
works already developed at the international level rather than elabo-
rate new standards and principles. The sharing of best practices and
the need for incentives for companies to report on non-financial issues
were also underlined. However, for many stakeholders, developments
in c s r needed further reflections, especially on how best to make in-
tegrated reporting operational, without unduly increasing the admin-
istrative burden for companies (European Commission 2011b).
53
the quality of the environment. Prevent and reduce environmen-
tal pollution and promote sustainable production and consump-
tion to break the link between economic growth and environmen-
tal degradation.
• Social Equity and Cohesion: Promote a democratic, socially inclu-
sive, cohesive, healthy, safe and just society with respect for fun-
damental rights and cultural diversity that creates equal opportu-
nities and combats discrimination in all its forms.
• Economic Prosperity: Promote a prosperous, innovative, knowledge-
rich, competitive and eco-efficient economy that provides high liv-
ing standards and full and high-quality employment throughout
the European Union.
• Meeting our International Responsibilities: Encourage the establish-
ment and defend the stability of democratic institutions across
the world, based on peace, security and freedom. Actively promote
sustainable development worldwide and ensure that the European
Union’s internal and external policies are consistent with global
sustainable development and its international commitments.
A renewed 2011–2014 eu strategy for Corporate Social Responsibil-
ity has been introduced by the European Commission in the year 2011
(European Commission 2011a). Consultations, made on the basis of the
2011–2014 e u c s r strategy showed agreement that the legal regimes
differ significantly across the eu Member States. It has highlighted the
current regime applicable in the particular country’s respective jurisdic-
tion as poor or very poor. For many, the current eu legislative frame-
work lacks transparency. Several respondents think this translates into
a lack of balance and cohesion of reporting by companies, making it dif-
ficult for shareholders and investors to make a reasonable assessment
of the extent to which companies take account of c s r in their activi-
ties. With respect to the regime on non-financial disclosure, improve-
ments have been suggested, such as: that the eu should draw on frame-
works already developed at the international level rather than elabo-
rate new standards and principles. The sharing of best practices and
the need for incentives for companies to report on non-financial issues
were also underlined. However, for many stakeholders, developments
in c s r needed further reflections, especially on how best to make in-
tegrated reporting operational, without unduly increasing the admin-
istrative burden for companies (European Commission 2011b).
53
