§ 25. Mr. MacDougallTo ask the Secretary of State for Trade and Industry what proportion of companies have adopted corporate social responsibility policies; and if she will make a statement. [52026]
§ Mr. AlexanderThere is no single measure for the proportion of companies that have adopted corporate social responsibility (CSR) policies. However, 76 per cent. of FTSE 100 companies currently publish information on their social, human rights and environmental performance. In addition, 83 per cent. of companies that feature in the FTSE all-share index are now represented in the FTSE 4Good indices, which reflect the performance on equities regarded as socially responsible.
It is currently estimated that small and medium enterprises (SMEs) make a social contribution of up to £3 billion per annum.
The Government will publish their second report on CSR on 14 May, which is designed to drive forward the CSR agenda and encourage more businesses to initiate their own CSR policies.