ICC G20 Business Scorecard 5th Edition (January 2016)
This fifth edition of the Scorecard includes intertemporal assessments, recognizing that the response cycle of government policymaking is generally more long-term than the time afforded by the one-year G20 presidencies.
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 to 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. Second, while this fifth edition of the Scorecard concentrates on G20 performance during the 2015 Turkish Presidency, it includes intertemporal assessments, recognizing that the response cycle of government policymaking is generally more long-term than the time afforded by the one-year G20 presidencies.
It is important to underline that 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.
The fifth edition Scorecard takes as its starting point the 19 recommendations for G20 governments prepared by B20 Turkey in 2015. In the absence of a B20 Turkey taskforce on energy, companies from the ICC G20 CEO Advisory Group also prepared a set of energy recommendations for consideration by G20 Leaders. These were delivered to G20 Energy Ministers through the B20 Energy Forum, held on the sidelines of the first G20 Energy Ministerial in October 2015. Recommendations in the Scorecard have been grouped into seven major policy categories corresponding to the 2015 B20 Turkey taskforce structure and the B20 Energy Forum.
- Trade and Investment
- Financing Growth
- Infrastructure and Investment
- SMEs and Entrepreneurship
- Energy and Environment
The Scorecard’s evaluation of Employment recommendations has been contributed by our colleagues at the International Organization of Employers (IOE) and the Business and Industry Advisory Committee to the OECD (BIAC). IOE and BIAC have contributed significantly to the development of B20 recommendations in this area. IOE served as the co-chair for the Human Capital task force during the Russian and Australian B20 cycles, and was the Business Network Partner for the B20 Turkey Employment Taskforce in 2015.