LAW 533 Chapter 1: LAW 533 – Chapter 1 – Overview of CSR
Document Summary
Law 533 chapter 1 overview of csr, ethics and law landscape. Importance of transparency and accountability: supply-chain relationships with businesses is part of csr. 7 core csr subjects/issues in the international standard iso 26000. Organizational governance, human rights, labour practices, the environment, fair operating practices, consumer issues, and community involvement and development. Ethics professor believes csr has overlapping economic, legal and ethical dimensions. Alexander dahlsrud identified 5 common dimensions across many csr definitions. An environmental component, social component, economic, voluntary dimension, and a stakeholder dimension. States that it pursues a triple bottom line vision for csr. Creates jobs and opportunities, but creates a lot of green house gas / pollution. Counters by creating jobs for first nations, new carbon capture technology, tailings reclamation, and zero discharge water programs, and worker health and safety initiatives. Third party standards to sign on to. Anonymous whistleblower programs i. e. loblaws in seafood sustainability.