The Human Rights And Csr - 980 Words

Company is considering opening a new branch 1- Your company is considering opening a branch in a very low cost, low rights country. You are asked to provide a discussion paper on whether the company needs to worry about human rights in that country: a. To what extent is this worry just an issue of CSR with no real risk issues to review To large extent the company should worry about the CSR. The reason for that is most of the FDI is long-term investments; therefore, the company should not view the human rights and CSR issues in terms of current liability only but from long term strategy. Although the log cost and low rights in the workplace might motivate the company to open a branch in such state; however, if the company decided to be involved in such breaches this can lead to potential legal issues and it jeopardize its reputation even in its home state, i.e. Loblaw’s Joe Fresh and Bangladesh factory tragedy. On the other hand, we might assess the Legal risk or issue as low due to the fact that most of the human rights treaties has no teeth and does not enact direct legal obligations on companies, therefore, it became part of the companies CSR. Prime example to that is the Multinational enterprise (MNE) as the MNE is not subject of the international law; consequently, the rights and obligations regarding human rights and CSR are fairly vague. On the same hand, the UN guiding principles are soft law as they impose â€Å"voluntary standards† for corporations. Nevertheless, itShow MoreRelatedImpact Of Csr On Human Rights Abuses Essay1635 Words   |  7 Pagesrelating to indirect violation of worker’s rights in China. Nonetheless, the extent to which corporations are responsible to ensure their operations and associations do not create nor reinforce human rights abuses is contentious. The objective of this research paper is to engage with the theoretical discourses pertaining t o CSR, and to analyze the empirical impacts of CSR codes in Chinese factories. My research illustrates the minimal degree of effectiveness of CSR implementation in Reebok factories, dueRead MoreCsr And Its Impact On Human Rights, Labor Standards, And Environmental Protection1229 Words   |  5 Pagesthe iceberg of the CSR had been noticed by the business. But for now, it is about thinking outside the box. It is about including other non-business aspects of one’s business. According to an article published in Times Magazine in 2012 that has the title of† Why Companies Can No Longer Afford to Ignore Their Social Responsibilities†: â€Å"More than 8,000 businesses around the world have signed the UN Global Compact pledging to show good global citizenship in the areas of human rights, labor standards andRead MoreCorporate Social Responsibility And Its Legal Requirements1366 Words   |  6 Pagesareas of human rights, labor standards, the environment and anti-corrup tion (Corporate Watch. 1996 – 2014). This report will explore the concepts of Corporate Social Responsibility (CSR) and its legal requirements. It will also select and identify relevant issues surrounding the implementation of CSR principles into business polices and finally provide justified recommendations as to what type of CSR principles should be introduced if needed. What is Corporate Social Responsibility (CSR) CorporateRead MoreCorporate Social Responsibility : Business Communication And Technology835 Words   |  4 PagesApproach, refer to appendix 1) are major factors in relation to the long sustainability of a corporation. Corporate Social Responsibility (CSR) is a means by which an organisation can incorporate self-regulation into their business model whilst addressing environmental and social concerns in their business operations and interactions with their stakeholders. CSR is a â€Å"corporate initiative to assess and take responsibility for the company’s effects on the environment and impact on social welfare† (Investopedia)Read MoreEssay about The Meaning of Coroporate Social Responsibility641 Words   |  3 Pagesdown what CSR is, how CSR is in less-developed countries, how CSR is in developed countries. What is CSR? With all the resources that corporations have, they need to be socially conscious and make investments in their communities that they are stationed in. This is called corporate social responsibility, or corporation will abide by labor laws, be environmentally friendly, and are upholding human rights laws. CSR is defined in many ways for example philanthropy, or going green. CSR can be inRead MoreDefinition Of Corporate Social Responsibility1007 Words   |  5 Pagesorganizational governance, human rights, labour practices, the environment, fair operating practices, consumer issues, and community involvement and development. Although, not all issues belonging to these principles were addressed. The strongest attributes of the Rogers CSR definition supported by their 2013 CSR report are organizational governance, fair operating practices, consumer issues, community involvement and development, and the environment. The weaker attributes of the Rogers CSR definition supportedRead MoreCo rporate Social Responsibility And Human Resource Management1474 Words   |  6 Pages Corporate social responsibility (CSR) and human resource management (HRM) continue to show increases in commonality within business operations. The need for CSR to be structured and organized within businesses is gaining attention from top managers (Carroll Shabana 2010) who want to decrease overall costs. CSR has both internal and external factors that contribute to the success of a business; internal: skills and education, human rights, labor rights, workplace health and safety, due diligenceRead MoreCorporate Social Responsibility : A Company s Sense Of Responsibility1366 Words   |  6 Pagessocial and environmental concerns in their operation. Guo (2014) in his article states that CSR is the behavior demonstrated to the entire stakeholder rather than stockholders alone by assuming the importance and necessity of the sustainable development. Lindrawati (as cited in Santoso, 2010) argues that business can’t be distinguished by ethical and responsibilities issues and do not always seek profit. CSR have become more common nowadays. According to KPMG International’s survey in Asia-PacificRead MoreThe 21St Century Has Led To Businesses Having More Corporate1471 Words   |  6 Pages The 21st century has led to businesses having more Corporate Social responsibility (CSR) than before. CSR will help businesses to add value to their company. A business should know the importance of the value chain along with using CSR and not just look at profits. Customers like to do business with companies that are responsible inside and outside of an organization. When business fail with using CSR they will lose customers because customers like to do business with responsible businessesRead MoreAnalysis: Realism or idealism Corporate social responsibility and the employee stakeholder in the global fast-food industry987 Words   |  4 Pagesresponsibility and the employee stakeholder in the global fast-food industry’, published in 2005, is mainly focused on CSR (Corporate social responsibility). CSR has some earnest and ominous influences in nowadays businesses and corporations. The author is first persisting on the rights of employees and employers. Though almost all of the global companies in the world do not intend to care about CSR, the author’s perspective insists that CSR’s activities are crucial for the future existence of the companies