Overview of the OGEL-CEPMLP Database of Voluntary Guidelines and Related Primary Soft-Law Materials
Article from: OGEL 4 (2004), in Environmental, Social and Governance (ESG)
Voluntary codes dates back to the beginning of the twentieth century and have multiplied in greater numbers over the last twenty years. They originally emerged due to shareholder and consumer interest in corporate behaviour, but have more recently proliferated with special focus on socioeconomic and environmental issues particularly in the extractive industries sector. They have now become an integrated aspect of the international drive towards transparency and accountability of business activities and a way of monitoring how businesses perform against benign environmental, ethical and ...