LAW 525 Lecture Notes - Lecture 12: List Of Diver Certification Organizations, Human Resource Management, New Imperialism

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Law 525 law of the marketplace class twelve. Csr typically described as voluntary, non-statutorily required social responsibility commitments and activities. For csr, compliance with laws is a necessary minimum expectation. Csr includes but is not limited to philanthropy. Csr addresses: corporate governance and ethics; health and safety; environmental stewardship; human/labour rights, human resource management; community involvement; aboriginal persons relations; fair competition; anti-bribery; supply chains; transparency, accountability and performance reporting. Perceived hypocrisy: western-based corporations meeting high standards of environmental, worker, human rights in developed countries, but not in developing countries. Pressure for action from consumers, workers, investors, shareholders, lenders, governments, supply chain partners, certification bodies, civil society organizations. Rise of internet, rise in importance of transparency and accountability for all organizations. Has led to proliferation of environmental, employee, human rights, community-oriented voluntary codes, standards, guidelines, certifications approaches, with multiple audits, etc.

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