Common use of Corporate Social Responsibility Clause in Contracts

Corporate Social Responsibility. The Contracting Parties reaffirm the importance of each Contracting Party to encourage investors operating within its territory or subject to its jurisdiction to voluntarily incorporate into their internal policies those internationally recognized standards, guidelines and principles of corporate social responsibility that have been endorsed or are supported by that Party, such as the OECD Guidelines for Multinational Enterprises, the United Nations Guiding Principles on Business and Human Rights, and the Recommendation CM/REC(2016) of the Committee of Ministers to Member States on human rights and business.

Corporate Social Responsibility. The Contracting Parties reaffirm the importance of each Each Contracting Party to shall encourage investors enterprises operating within its territory or subject to its jurisdiction to voluntarily incorporate into their internal policies those internationally recognized standards, guidelines and principles standards of corporate social responsibility in their domestic policies, such as statements of principle that have been endorsed or are supported by that Partythe contracting parties, as the guidelines of the Organisation for Economic Cooperation and Development (OECD) for multinational enterprises. These principles address issues such as the OECD Guidelines for Multinational Enterprises, the United Nations Guiding Principles on Business and Human Rightslabour rights, and the Recommendation CM/REC(2016) environment, human rights, relations with civil society and the fight against corruption. The contracting parties refer to such undertakings the importance of the Committee incorporating such standards of Ministers to Member States on human rights and businesscorporate social responsibility in their domestic policies.

Corporate Social Responsibility. The Contracting Parties reaffirm the importance of each Each Contracting Party to should encourage investors enterprises operating within its territory or subject to its jurisdiction to voluntarily incorporate into their internal policies those internationally recognized standards, guidelines and principles standards of corporate social responsibility in their practices and internal policies, such as statements of principle that have been endorsed or are supported by that Party, the Contracting Parties. These principles address issues such as the OECD Guidelines for Multinational Enterpriseslabour, the United Nations Guiding Principles on Business environment, human rights, community relations and Human Rights, and the Recommendation CM/REC(2016) of the Committee of Ministers to Member States on human rights and businessanti-corruption.

Corporate Social Responsibility. The Contracting Parties reaffirm the importance of each Each Contracting Party to should encourage investors enterprises operating within its territory or subject to its jurisdiction to voluntarily incorporate into their internal policies those internationally recognized standards, guidelines and principles standards of corporate social responsibility in their practices and internal policies, such as statements of principle that have been endorsed or are supported by that Party, the Parties. These principles address issues such as the OECD Guidelines for Multinational Enterpriseslabor, the United Nations Guiding Principles on Business environment, human rights, community relations and Human Rights, and the Recommendation CM/REC(2016) of the Committee of Ministers to Member States on human rights and businessanti-corruption.