The Marketplace Responsibility Principles

These BITC principles provide companies with a structure to identify corporate responsibility issues within marketplace relationships.

The 2008 Marketplace Responsibility Principles were developed by the Marketplace Taskforce, a group of 10 global and UK companies chaired by Mike Clasper, former CEO of BAA plc, as a guide for implementing responsible business practice in medium to large companies.

There are two parts to the Principles, one guiding key marketplace relationships, and the other focused on the behaviours that support companies in managing these relationships.

The Principles have been subject to tough scrutiny from CEO's, marketing directors, corporate reponsibility professionals and individuals from the socially responsible investment and NGO communities through the course of a rigorous consultation process.