The current Corporate Social Responsibility (CSR) landscape is complex and multi-faceted, creating hundreds of initiatives, often with their own code or set of standards and principles offering guidance on social and environmental issues. In developing their own CSR approaches, businesses are guided by standards, principles, conventions and other acts, developed and formally agreed by governments, derived from the Organisation for Economic Co-operation and Development (OECD), United Nations Global Compact (UN) and the International Labour Organisation (ILO).
Q-Park has decided to use the OECD Guidelines and the UNGC Principles, these being two of the world’s foremost corporate responsibility conventions and these both complement and reinforce each other in many ways. Furthermore, they can readily be used in conjunction with other instruments.
Explanatory materials have been developed to outline their relationship with the Principles for Responsible Investment (PRI), and with the Global Reporting Initiative (GRI) Guidelines.
Q-Park’s responsible business conduct is primarily based on one of the most broadly accepted definitions of sustainable development published by the former World Commission on Environment and Development (the Brundtland Commission) in 1987.
“Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs”.