CSR: UN Global 10 Principles

Principle 1: Business should support and respect

the protection of internationally proclaimed human rights
Human
Rights Principle 2: Make sure that they are not complicit
in human rights abuses

Principle 3: Businesses should uphold the freedom

of association and the effective recognition of the
right to collective bargaining
Labour Principle 4: Should eliminate all forms of forced
Standards and compulsory labour
Principle 5: Ensure effective abolition of child
labour
Principle 6: Eliminate discrimination in respect of
employment and occupation
 CSR: UN Global 10 Principles
Principle 7: Businesses should support a
precautionary approach to environmental
challenges
Environment Principle 8: Undertake initiatives to promote
greater environmental responsibility
Principle 9: Encourage development and diffusion
of environmentally friendly technologies

Anti- Principle 10: Business should work against all

corruption forms of corruption including extortion and bribery
 Different Global Standards
 Some of the main global standards currently
being developed and implemented are
Global Reporting Initiative (GRI)
 GRI originated out of the Coalition for
Environmentally Responsible Economies
(CERES) in partnership with the United
Nations Environment Program
 Reporting on the economic, environmental,
and social dimensions of their activities,
products and services
 Different Global Standards
 SA8000
 developed a standard for workplace conditions
and a system for independently verifying factories'
compliance
 Its verification system draw from established
business strategies for ensuring quality (such as ISO
9000)
And
add several elements that international human rights
experts have identified as essential to social auditing
 Different Global Standards
 Ethical Trading Initiative (ETI) Base Code:
 ETI Base Code is a global standard on employment and
working conditions, linked directly to ILO Conventions
+
UN Declaration of Human Rights and Rights of the Child

 The Code is a partnership consisting of three types of

members: companies, unions and NGOs according to
specific membership criteria.
 Different Global Standards
 AA1000:
 developed by the Institute of Social and Ethical
Accountability, focused on securing the quality of social
and ethical accountability
 ISO :
 world-wide federation of national standards bodies from
130 countries
 The ISO standards mainly focus on customers, staff and
suppliers in the delivery of 'quality' systems for product
(IS0:9000) and environmental (ISO:14000) management
 Survey Impact
 According to the survey done in USA
 79% want to work for a company heavily
engaged in CSR
 56% do not want to work for a company who is
not at all committed to and engaged in CSR
 Over 80% will switch brands if no CSR
 Arguments for CSR
 Reputation enhancement
 Talent attraction/retention, enhancing employee
morale
 Higher productivity, reduction of cost and increase in
profitability
 Brand differentiation
 Access to new market
 Customer loyality
 Positive engagements with government
 Arguments against CSR:
 CSR could reduce economic efficiency
 CSR would create excessive cost for business
 Business has enough power, and social involvement
would further increase its power and
influence
 Business people lack the social skills necessary to
deal with the problems of society
 Business is not really (?) accountable to society
 Less effective for short time business.