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| This photograph from Poland in 1990, shortly
after the fall of Communist regimes in Central and Eastern Europe,
epitomizes what took place during that time and which continues
today: people and societies worldwide are calling for more openness
and disclosure from governments and corporations alike. Recently
fueled by corporate financial scandals in the United States
and elsewhere, multinational corporations can expect ever-increasing
demands by stakeholders to disclose a variety of information,
including environmental, occupational and community health and
safety aspects of their domestic and foreign operations. ©Global Decisions, Inc |
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The term “corporate social responsibility”
is a phrase increasingly associated with environmental as well as
occupational health and safety programs implemented by corporations.
While no generally accepted definition exists yet, so-called CSR issues
refer to working with a wide range of stakeholders such as shareholders
and investment funds, local and state governments, and communities
in providing resources to better the lives, environment and social
conditions in which industrial facilities do business. A wide range
of standards exist with numerous other standards being generated
by an increasingly diverse group of organizations and agendas. Global
Decisions believes it is important for corporations and development
institutions to be involved in CSR trends, to watch the standards
process closely and to participate when necessary and appropriate.
We keep current and monitor comments on all CSR standards currently being promulgated,
audited or planned and can assist clients with a variety of consulting
services related to CSR. |
