Corporate Social Responsibility (CSR) Flashcards
UN Global Compact
a voluntary initiative that encourages corporations to adopt sustainable and socially responsible policies
Limitations of UN global compact
- Lack of Compliance Culture
- Oversimplification of Success
- Absence of Independent Auditing
Limits to the Business Case for Development (CSR)
- Power to Frame and Solve Problems
- Asymmetrical Power Dynamics
- Business Agenda vs. Development Agenda - Efficiency Principle in Question
- Profit vs. Responsibility Conflict
- Limitations of Voluntary CSR - Diversity of Voluntary Codes of Conduct
- Growing Number of Codes
- Lack of Oversight and Enforcement
Corporate Social Responsibility (CSR)
- dynamic and contested term with meanings that vary by context (Blowfield).
- an attempt to reconcile the business agenda with the development agenda, addressing legitimacy crises within the PWCR (Wells).
-CSR reflects the neoclassical economic foundations of the PWCR, particularly the efficiency
UN Global Compact and CSR as Legitimization
The UN Global Compact is an example of codes of conduct legitimizing CSR at a global level.
Efficiency Principle (Concept Clarification)
rational economic actors can integrate social and environmental considerations while pursuing profit. However, this principle often fails in practice due to conflicting corporate obligations and societal needs.
Hard Laws vs. Voluntary CSR
Blowfield and Wells emphasize that binding legal frameworks are critical for holding corporations accountable, as voluntary CSR has shown limitations in effecting systemic change.
CSR frames development as:
something achievable through corporate initiatives, sidelining traditional state-led development models.
Business Agenda vs. Development Needs
CSR initiatives often prioritize corporate interests, such as reputation management, over addressing systemic poverty and inequality.
The focus is on what is “measurable” (e.g., reduced carbon footprints) rather than transformative social change.
Critiques of CSR Effectiveness:
CSR lacks the regulatory frameworks necessary for meaningful change.
Voluntary codes and self-regulation often fail to address deeper structural inequalities.
Northern Influence on Labour Standards
International labor standards often reflect Northern agendas and priorities, which may not align with the realities faced by workers in the Global South.
Limitations of Top-Down Approaches
Global frameworks, such as codes of conduct and certifications, often fail to address local conditions.
They prioritize compliance with Northern consumer expectations over empowering workers on the ground.
Role of Local Worker Struggles:
Local labor movements play a crucial role in improving workplace conditions and securing labor rights.
These struggles are often overshadowed by global CSR initiatives.
Critique of CSR
CSR tends to depoliticize labor issues, presenting them as technical problems rather than systemic inequalities.
It often absolves corporations of deeper accountability by focusing on minimal compliance measures.