NATIONAL VOLUNTARY GUIDELINES ON SOCIAL, ENVIRONMENTAL AND ECONOMIC RESPONSIBILITIES OF BUSINESS, 2011
These guidelines were prepared by the GOI as a framework for responsible business action in India by all business entities, irrespective of their size, sector, location. The guidelines are voluntary in nature, but agencies are encouraged to fulfill the identified principles and even go beyond them. These guidelines reflect a concious shift from CSR (corporate social responsibility) to a more encompassing concept of 'Responsible Business'
- Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle
- Businesses should protect interests of and be responsive towards all stakeholders, esp the disadvantaged.