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Corporate Responsibility
The Dutch government wants to promote Corporate Responsibility (CR) in businesses.
Corporate Responsibility means that in addition to aiming for economic and social gain (prosperity), the effects of business activities on the environment (planet) and human factors inside and outside the company (people) are also taken into account. It is increasingly clear that balancing these criteria leads to better results for both businesses and society.
As a consequence the Dutch State has developed criteria for CR policy when applying its 'foreign fincancial support instruments'. Export credit insurance and investment insurance are part of these foreign financial support instruments.
Since the companies that make use of export credit insurance and investment insurance, operate on the international market, the agreements for Corporate Social Responsibility that are made at an international level are of great importance. The Dutch government believes that it is important that transactions to be insured should meet CSR agreements. Atradius Dutch State Business performs a CR review to establish whether the transactions meet those standards. The CR review focuses on:
- combating bribery;
- sustainable lending policy;
- environmental and social impact; and
- the OECD Guidelines for multinational enterprises.
For more information on each of these aspects, please click on these aspects as listed on the left.