Tag: China Labor Watch

CSR statements are easy; sustainable procurement is harder (via Fair For All)

On By southwerkIn business ethics

I have written before about my doubts as to China’s coming status as the number one economic power. These kinds of articles and posting tend to reinforce my beliefs.

My great thanks to “Fair For All.”

CSR statements are easy; sustainable procurement is harder As Dell and HP have discovered this month, it’s a lot easier to write a CSR policy than it is to ensure that it is carried through. Their plight is not uncommon and is the unfortunate result of treating CSR as a public relations function, focused on appearance and not on substance. To be credible, CSR needs to be built into the operations of a business, which r … Read More

via Fair For All

Does The Bottom Line Always Trump Ethics?

On By southwerkIn business ethics

From Reuters, a comment from China Labor Watch:

“The case of Wal-Mart, the world’s largest retailer, shows that corporate codes of conduct and factory auditing are not enough by themselves to strengthen workers’ rights if corporations are unwilling to pay the real price it costs to produce a product according to the standards in their codes.”

Acting ethically costs real money. It limits the return on investment. It complicates dealings with suppliers, competitors and often the government.

Doing the right thing is never cheap. The wrong thing can make you enormous sums of money in a world where this kind of behavior has no down side.

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