Enterprise 2020 is an initiative launched in October 2010 to address the European and global challenges which are increasingly bringing into question current patterns of living, working, learning, communicating, consuming and sharing resources. The initiative aims to promote responsible and sustainable business practice and prepare businesses for emerging societal challenges across the globe, including climate change, demographic change, resource scarcity and increased urbanisation. In the context of the European Union'sEurope 2020 strategy, Enterprise 2020 highlights the contribution that businesses can make to achieve the EUgoals for building a 'smart, sustainable and inclusive' economy delivering high levels of employment, productivity and social cohesion by 2020.
The Enterprise 2020 initiative aims to mainstream corporate social responsibility and advance social innovation in all business functions; assessing and communicating their impacts; and through involvement with different stakeholder groups by 2020. The Enterprise 2020 company has been defined by , the European network for corporate social responsibility, "as a company that has fully integrated CSR into its business strategies" and meets the requirements to operate in a sustainable economy through goals of achieving smart, sustainable and inclusive growth. Based on a shared vision of the enterprise of the future, Enterprise 2020 is a reference initiative for companies committed to developing innovative business practices and working together with their stakeholders to provide solutions to societal needs. "The company of the future, Enterprise 2020, operates profitably through mainstreamed responsibility and transparency, and innovates solutions for the planet and its people, in closer cooperation with all stakeholders. Together they lead the transformation towards a smart, sustainable and inclusive society."
Enterprise 2020 in the EU
In the context of the EU's new Europe 2020 strategy, Enterprise 2020 provides the foundation for a renewed partnership between business and the European Commission, Council and Parliament. It supports the Commission's goal of "making Europe a pole of excellence on CSR" and promoting CSR as part of the European strategy for smart, sustainable and inclusive growth. In its recent communication on CSR, the European Commission writes: "CSR Europe's Enterprise 2020 initiative is an example of business leadership in the field of CSR that is particularly relevant to EU policy objectives. The Commission will help to review the initial results of this initiative by the end of 2012, and to define its next steps." To date, initiatives have been launched under the auspices of Enterprise 2020 in several countries across Europe including Spain, Greece and Turkey, as well as on a global level, with China also partaking in the initiative.
CSR Europe
Enterprise 2020 is an initiative developed by CSR Europe, the leading European business network for corporate social responsibility. The organisation was founded in 1995 by senior European business leaders in response to an appeal by the European Commission PresidentJacques Delors. It has since grown to become an inspiring network of business people working at the very forefront of CSR across Europe and globally spanning a network which represents over 4500 companies in Europe. As of 10 May 2012, the organisation listed 71 multinational corporations as members. Furthermore, the CSR Europe network also stretches across 28 European states through the participation of 33 national partner organisations in the CSR Europe network.
