Global Environmental Health in the 21st Century From Governmental Regulation to Corporate Social Responsibility: Workshop Summary (2007) / Chapter Skim
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5 Corporate Social Responsibility
5 Corporate Social Responsibility
Pages 78-87
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From page 78... ...
SUSTAINABILITY AND CORPORATE SOCIAL RESPONSIBILITY CSR is not a static concept -- it is a moving, evolving target, said Norine Kennedy of the U.S. Council on International Business.
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From page 79... ...
Another CSR incentive called the World Summit on Sustainable Development focuses on implementation and execution that is synchronous with the finance and trade negotiations of Monterey and Doha. According to the WTO, the November 2001 declaration of the Fourth Ministerial Conference in Doha, Qatar, provides the mandate for negotiations on a range of subjects, and other work including issues concerning the implementation of the present agreements (WTO, 2004)
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From page 80... ...
It is also a challenge to businesses how to measure and report business performance in corporate responsibility and other areas where they have been active as members of the business community. The World Summit on Sustainable Development work program refers to corporate responsibility in the following four places: ·Sustainable patterns of consumption and production that enhance corporate environmental and social responsibility and accountability through actions such as voluntary initiatives, standards, reporting, dialogue, financial institutions engagement, cleaner production initiatives ·Sustainable development in a globalizing world that actively promotes full development and effective implementation of intergovernmental agreements, initiatives, partnerships, regulations, and continuous improvement in corporate practices in all countries ·Health and sustainable development, a linkage between health and environmental protection, reduction of environmental health threats, access to health care services, safer technologies for drinking water and waste management, reduction of occupational injuries and illnesses, a link between public health promotion and reduction and elimination of HIV/AIDS, tuberculosis, and malaria, phasing-out of lead in gasoline and paint ·Strengthening of institutional frameworks that promote corporate responsibility and accountability and exchanging of best practices The Role of International Organizations in Promoting Corporate Social Responsibility International organizations play a major role in promoting better governance, and better economic processes in general, said Kathryn Gordon of the Organization for Economic Cooperation and Development (OECD)
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From page 81... ...
Businesses need to watch very carefully the codes of conduct and guidelines of the MDGs and the World Summit for Sustainable Development, to come forward to talk about what has to be done and how it is going to be delivered, and to continue to argue for the enabling frameworks for corporate responsibility at the international level, noted Kennedy. Some discussion participants noted that CSR functions effectively when there is committed leadership in corporations.
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From page 82... ...
. According to Orts, Stanford University professor David Baron clarified the ethical argument for social responsibility by distinguishing between what he called CSR and corporate social performance.
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From page 83... ...
Globalization of the world implicates the idea of global corporate citizenship in globally constituted civil society and brings in the Corporations are the dominant institutions need for clarity about how to enforce on the planet today. Therefore, they have different regulations; to whom should to help address social environmental the multinational company owe their issues that affect humankind.
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From page 84... ...
Competing initiatives can slow down the momentum of the CSR movement, cautioned Webb. Corporate Social Responsibility Initiatives and Law Even though laws and international conventions have limitations, they will remain the foundation for environmental and social protections in our society, said Webb.
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From page 85... ...
Environmental organizations have taken a lead role in developing a number of international voluntary certification regimes that apply to the CSR area. For example, the Forest Stewardship Council initiative started by the World Wide Fund for Nature was a response to the fact that the international intergovernmental community could not come up with an international forest protection
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From page 86... ...
Just like laws, the new developments have limitations. For example, in the United States the Responsible Care Program for chemical manufacturing sector seems like an effective industryinitiated voluntary initiative, yet 90 percent -- not 100 percent -- of the chemical industry and chemical producers in United States are involved in the program.
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From page 87... ...
It has realized the importance of CSR and has taken great effort to institute pension disclosure laws, support ethical trading initiatives, and encourage development of many other related initiatives, including those in the standards area. Among developing countries, Brazil is the CSR leader, using standards to encourage good business behavior.
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