The Department for Business, Innovation & Skills has launched a consultation on corporate social responsibility, asking how government and companies can make it more effective.
The consultation, which closes on 27 September, asks how the government can make it easier for companies to contribute to social initiatives.
Other issues raised in the document include how small businesses can be supported to adopt responsible business practices and how government can help small and medium-sized enterprises to publicise their responsible behaviour.
The department wants to encourage businesses to report their corporate responsibility activities in a consistent way that can be compared with others.
Jo Swinson, the business minister, who launched the consultation on 27 June, said: "We want to make the UK the best place in the world to conduct responsible business.
"Encouraging corporate responsibility will help build a strong economy and a fairer society. We’re keen to hear views on how we can better promote responsible business to unlock the benefits of ethical, social and environmental practices."
The findings of the consultation will be published by the end of the year.