Charity calls for binding CSR rules
Corporate social responsibility (CSR) is "unable to deliver on its grand promises" and risks becoming "merely a branch of PR" for corporations eager to promote their image, claims a report issued this week by UK charity Christian Aid. Unless binding international standards are introduced, the NGO argues, companies will continue to flout basic social and environmental standards in poor countries while claiming they are committed to responsible behaviour. A report by the OECD last summer found that voluntary approaches to industries' environmental performance were ineffective (EED 23/06/03). See press release and report details.
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