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Article: Charity calls for legislation on CSR: Christian Aid has accused major companies of hypocrisy.(Corporate Social Responsibility)(Shell Australia Ltd., British-American Tobacco Company Ltd. and Coca-Cola Co. (Atlanta, Georgia))
- Article from:
- Financial Management (UK)
- Article date:
- March 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Chartered Institute of Management Accountants (CIMA). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Big business has failed to show that it can put its own house in order when it comes to corporate social responsibility, according to Christian Aid. Too many firms are using their ethical guidelines as little more than a public relations exercise, the development agency's latest report claims.
In some eases, businesses have cited these guidelines to persuade national governments that legally binding regulations are unnecessary while they continue to break their own rules behind the scenes, according to the report, it concludes that negligent companies will clean up their act only if they are bound by a worldwide legal framework for corporate accountability.
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