ICC G20 Business Scorecard 3rd Edition (February 2014)
This third edition of the Scorecard includes included in the Scorecard are primarily those that have recurred in the annual B20 reports enough times to suggest a priority.
The purpose of the ICC G20 Business Scorecard is to examine the G20’s recognition of core business messages and its collective policy response to recommendations put forward by the international business community.
It is ICC’s view that the Scorecard improves the G20 policy-making process by:
- Informing G20 governments on how the business community interprets G20 actions, thereby helping the G20 establish priorities, honour commitments, gauge its progress over time, and identify areas that merit greater attention.
- Improving business leaders’ ability to tailor recommendations and engagement with the G20 by evaluating whether the G20 has recognized business input and how it has carried through on specific business recommendations.
About the Scorecard
First, given the breadth and complex nature of the G20’s policy work, it is important to note that the Scorecard focuses on G20 responsiveness to business recommendations. It does not attempt to assess progress on the G20’s entire agenda. Secondly, this 3rd Edition of the Scorecard concentrates on G20 performance during the 2013 Russian Presidency. It recognizes that the response cycle of government policymaking is generally more long-term than the time afforded by the one-year G20 presidencies. For this reason, the Scorecard takes a “multi-cycle” approach to both business recommendations and the G20’s response: The business recommendations included in the Scorecard are primarily those that have recurred in the annual B20 reports enough times to suggest a priority. Similarly, G20 responsiveness to these recommendations is evaluated across Summit cycles so as to capture incremental progress and achievements that may occur.
With approximately 180 business recommendations generated during the Russian B20 cycle alone, the Scorecard concentrates on those specific business recommendations that merit evaluation, namely those that can yield tangible contributions to economic growth and employment and are sufficiently actionable by the G20.
These recommendations have been grouped into four major policy categories considered by the ICC G20 CEO Advisory Group as priorities for G20 attention. Each major category is presented as a specific chapter that includes the assessment of four to six aggregated business recommendations.
- Trade and Investment
- Financing for Growth and Development
- Energy and Environment
The Scorecard concludes with a fifth chapter on Job Creation, contributed by our colleagues at the International Organization of Employers (IOE) and the Business and Industry Advisory Committee to the OECD (BIAC). This chapter highlights G20 steps taken to address global unemployment; however, it does not evaluate performance in response to business recommendations at this stage. IOE and BIAC have contributed significantly to the development of B20 recommendations in this area, and IOE served as the co-chair for the Job Creation task force during the Russian cycle.
Finally, the Scorecard assesses progress by the G20 collectively in responding to business recommendations, rather than assessing the performance of individual G20 countries. Likewise, the Scorecard does not evaluate G20 performance solely on the basis of its achievement of the “end goal.” Rather, it evaluates G20’s recognition of and subsequent actions in dealing with an issue, followed by an assessment of G20’s responsiveness to corresponding business recommendations.