The Commons, the Common Good and Extraterritoriality: Seeking Sustainable Global Justice through Corporate Responsibility

Wen, Shuangge; Zhao, Jingchen

doi:10.3390/su12229475

Cited by 3 publications

(2 citation statements)

References 73 publications

(92 reference statements)

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“…Much of the pre-COVID-19 interdisciplinary research on CSR and corporate law has emphasised the importance of mandatory CSR and proposed a regulatory framework enforced by corporate law and governance mechanisms [13][14][15]. However, scholars have made few attempts to differentiate between ex ante and ex post CSR law approaches.…”

Section: Introductionmentioning

confidence: 99%

Reimagining Corporate Social Responsibility in the Era of COVID-19: Embedding Resilience and Promoting Corporate Social Competence

Zhao

2021

Sustainability

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The debate over corporate objectives and how companies deal with amplified existing societal inequalities and vulnerabilities has received increasing attention in recent years, especially in the wake of the COVID-19 crisis. The pandemic encouraged companies and policy makers to consider ways to develop a more enabling institutional environment, not only to tackle the ongoing crisis but also to prepare for similar future tests. Against this backdrop, the purpose of this paper is to focus on the significance and effectiveness of ex ante corporate social responsibility (CSR) law approaches in tackling the challenges brought by the pandemic. We investigate the uniqueness of the sustainable development challenges in the era of the pandemic, and introduce “corporate social competence” as a compliance principle in response to the need for forward-looking approaches to risk management and strategic planning. We use two ex ante legislative approaches in company law, namely mandatory CSR policy and legally recognised inclusive business models, as examples to illuminate the contribution of company law to navigate the pandemic beyond philanthropic CSR actions.

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Section: Introductionmentioning

confidence: 99%

Reimagining Corporate Social Responsibility in the Era of COVID-19: Embedding Resilience and Promoting Corporate Social Competence

Zhao

2021

Sustainability

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“…The notion of the SLO was initially advanced as a response to an initiative from the United Nations that requires corporations doing business in territories that are home to indigenous people to safeguard "free, prior, and informed consent" from those indigenous communities and stakeholders in order to build an equal and respectful relationship [95]. Companies should respect the legitimate authority of communities and stakeholders "based on the principle of informed consent" [95,96]. An SLO requires corporations to meet sustainable growth expectations by concentrating on the interests of the community members within their business operative region; a couple of key cases involving vulnerable communities' expectations of MNEs and their subsidiaries are Okpabi v. Royal Dutch Shell PLC AAA and Others versus Unilever PLC and another [88] and Vedanta Resources PLC and Another v. Lungowe [80].…”

Section: Slos Will Promote Board Accountabilitymentioning

confidence: 99%

Promoting Corporate Extraterritorial Sustainable Responsibility through the Lens of Social Licence to Operate

Zhao

Lin

2022

Sustainability

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Mandatory corporate extraterritorial responsibilities to promote environmental, social and human rights awareness and recordkeeping have been criticised as green-washing, despite the progressive intent of such attempts. This article conducts an in-depth investigation of extraterritorial responsibility through the lens of the social licence to operate (SLO), using a hybrid methodology involving doctrinal, conceptual, black letter, interdisciplinary and socio-legal sources. We aim to give an overview of decided cases referred to the Supreme Court by the Court of Appeal, in the hope of offering academic groundwork for legalising corporate extraterritorial responsibility in the context of global value chains with the participation of multinational enterprises and various stakeholders, including those in very vulnerable positions in developing or the least developed countries. Previous research on the notion of the SLO has tended to focus on one particular industry, based on the assumption that an SLO is more relevant in corporate social responsibility (CSR)-sensitive sectors. This article will change the focus and aim to answer the question of whether building and maintaining SLOs can help companies to acquire the social legitimacy to fulfil extraterritorial social responsibility. We link the goals, ideals and breadth of SLOs to those of extraterritorial responsibility in order to provide supplementary support for legislators to achieve better compliance and risk management. We conclude that the benefits of seeking an SLO are that they can help to inform progressive extraterritorial legislative attempts, promote board accountability, and mitigate environmental and social risks.

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The Impact of the COVID-19 Pandemic and Energy Crisis on CSR Policy in Transport Industry in Poland

Stanisławska

2022

Energies

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The main objective of this research, directly related to the introduction of the COVID-19 pandemic, is to answer the question: has the epidemiological situation and energy crisis affected the CSR policy of transport industry companies and the forms of its implementation? This research aims to answer whether the social objective set out in the CRS policy, implemented by the studied entities, conflicts with commercial purposes, whether the implementation of CRS is profitable for these entities, and in which areas of activity it manifests itself. The aim is to investigate why the studied entities engage in CSR? The following research methods were applied: an economic and legal analysis of CRS principles and activity reports. The study focused on the activities of enterprises pursuing their business objectives and, at the same time, their socio-cultural mission. The CSR policies for 2019–2021, which surveyed transport industry companies operating in Poland, are analyzed. Empirical findings show that companies are responsive to the CSR concept and those considering international standards.

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The Commons, the Common Good and Extraterritoriality: Seeking Sustainable Global Justice through Corporate Responsibility

Cited by 3 publications

References 73 publications

Reimagining Corporate Social Responsibility in the Era of COVID-19: Embedding Resilience and Promoting Corporate Social Competence

Reimagining Corporate Social Responsibility in the Era of COVID-19: Embedding Resilience and Promoting Corporate Social Competence

Promoting Corporate Extraterritorial Sustainable Responsibility through the Lens of Social Licence to Operate

The Impact of the COVID-19 Pandemic and Energy Crisis on CSR Policy in Transport Industry in Poland

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