Avid CSR watchers will not have missed the fact that the 2008 group of eight (G8) summit held earlier this month in Toyako, Japan, revisited the interest in responsible business shown at last year’s meeting in Heiligendamm, Germany.

In their final declaration on the world economy, G8 leaders – from Canada, France, Germany, Italy, Japan, Russia, the UK and US – repeated their commitment to “promote Corporate Social Responsibility (CSR)”.

While pressing short term (the global economy) and long term (climate change) issues understandably dominated the summit agenda, the G8 nonetheless took time to repeat its resolve to encourage voluntary adherence to the “relevant international instruments, standards and principles” by companies from all countries and to encourage good corporate governance practices.

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