Focus area 2

The Danish Government is implementing the following initiatives to increase focus on CSR in relation to public procurement, investment, and state-owned companies:

• Ensure that future government common procurement agreements incorporate CSR considerations, as stated in the conventions on which the principles of the UN Global Compact are based.
• Ensure that all government procurement officers have access to guidelines on how to incorporate social responsibility.
• Enter into dialogue with municipal and regional government on how experience with incorporating social responsibility can be disseminated locally.
• Legislate that state-owned companies, etc. must report on social responsibility in the management review section of their annual reports.
• Ensure that large state-owned companies accede to the UN Global Compact.
• Ensure that the Danish Investment Fund accedes to the Principles for Responsible Investment (PRI).
• Ensure that The Export Credit Fund (EKF) accedes to the UN Global Compact.
• Continue to incorporate social responsibility into Danish development cooperation and assistance.
• Ensure that the Industrialisation Fund for Developing Countries (IFU) and Investment Fund for Central and Eastern Europe (IØ) accede to the Global Compact.
• Arrange conferences on CSR in developing countries in cooperation with local Danish representatives and local actors and businesses.
• Ensure that the regional system for promoting trade and industry contributes to promoting CSR.
• Work to encourage international investment banks to incorporate CSR into their business and investment strategies.