Organization of American States Summits of the Americas
Follow-up and Implementation: Mandates

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SUSTAINABLE ECONOMIC GROWTH: Corporate Social Responsibility

  1. To reduce poverty and hunger, eradicate extreme poverty, create dignified and decent work, and raise the standard of living of all our people, we must achieve higher levels of business development and sustainable economic growth with equity. Subject to the domestic laws of each country, we will continue to promote diversified economic activity in the energy, transport, tourism, communications, services, financial services and agricultural sectors. We are committed to facilitating investment and public-private partnerships in infrastructure and other relevant sectors in order to promote business development, economic growth and social development with equity. We will continue to promote increased corporate social responsibility and improved competitiveness, to which the Americas Competitiveness Forum in Chile in 2009 will contribute. (Declaration of Port of Spain, 2009).

  1. Sustained economic growth, with equity and social inclusion, is an indispensable condition to create jobs, fight extreme poverty, and overcome inequality in the Hemisphere. To achieve these ends, it is necessary to improve transparency and the investment climate in our countries, build human capital, encourage increased incomes and improve their distribution, promote corporate social responsibility, and foster a spirit of entrepreneurship as well as strong business activity (Declaration of Mar del Plata, 2005).

  1. Recognizing the central role that businesses of all sizes play in the creation of prosperity and the flow and maintenance of trade and investment in the Hemisphere, and, noting that businesses can make an important contribution to sustainable development and increasing access to opportunities, including the reduction of inequalities in the communities in which they operate, and taking into consideration the increasing expectations of our citizens and civil society organizations that businesses carry out their operations in a manner consistent with their social and environmental responsibilities:(Plan of Action Québec, 2001).

  1. Support the continued analysis and consideration in the OAS of corporate social responsibility, ensuring that civil society, including the private sector, is appropriately and regularly consulted and that this process benefits from the experiences of other international organizations, national agencies and non governmental actors; (Plan of Action Québec, 2001).

  1. Convene a meeting as early as feasible in 2002 with the support of the OAS, the IDB and other relevant inter American organizations involving representatives from governments, civil society, including mainly the business community, to deepen dialogue on corporate social responsibility in the Hemisphere, raise awareness of key issues to be determined and discuss ways to promote the development, adoption and implementation by the business community of principles of good conduct that will advance corporate social and environmental responsibility; (Plan of Action Québec, 2001).



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