Post by account_disabled on Feb 28, 2024 0:54:47 GMT -5
Environmental conditions have made economic activities rethink, especially in reference to sustainability. Under this understanding, companies have made a shift towards sustainable development, and therefore it is important to know the benefits of responsible business conduct.
In particular, it is relevant to know what Changsha Mobile Number List contributions the European Commission has recently made regarding these benefits and due diligence in terms of sustainability and corporate responsibility.
However, to fully understand its scope, clarity is needed on sustainable development and responsible business conduct. Below, we explain these points.
Sustainable development and companies
Sustainable development involves a strategy to recognize needs and limitations. Regarding needs, it refers to what is priority, essential for life. In contrast, constraints highlight the limits imposed by technology, social organization, and the environment's ability to meet present and future needs.
benefits of business conduct development
Under this idea, sustainable development meets the needs of the present without compromising the capacity of future generations, which appeals to all sectors; However, the importance of companies is clear due to their economic power. Under this understanding, one way to carry it out is through Corporate Social Responsibility (CSR) and responsible and sustainable business conduct.
In this vein, the European Commission has recently made a proposal to guide companies to "respect human rights and the environment in global value chains."
3 benefits of responsible business conduct: European Commission
According to the official portal of the European Union (EU), the European Commission has proposed due diligence on corporate sustainability, which "aims to promote sustainable and responsible business behavior along global value chains." ยป.
This proposal asks companies to identify, prevent, terminate or mitigate the adverse impacts of their activities on:
Human rights : Child labor and the exploitation of workers.
The environment : Pollution, loss of biodiversity, among others.
This directive means obtaining benefits from responsible and sustainable business conduct both for the companies themselves and for society in general. These benefits are:
1. Protect Human Rights
Human rights are inherent to humans, that is, each human being possesses them by the simple fact of being human. Within these rights, freedom is highlighted without distinction of ethnicity, color, sex, language, religion, political opinion, national or social origin, economic position, birth or any other condition.
Specifically, the benefits of responsible and sustainable business conduct proposed by the European Commission protect Article 4 of human rights:
No one will be subjected to slavery or servitude, slavery and the slave trade are prohibited in all their forms.
Article 4 of the Universal Declaration of Human Rights.
work benefits of business conduct
To achieve this, companies are required to provide decent jobs and eliminate child and forced labor within all their value chains. This is especially relevant because " 160 million children, that is, one in ten globally, are in child labor and 25 million people are in forced labor." Besides:
Workers must have access to safe and healthy working conditions .
Specifically, the EU will strengthen its actions guided by the four elements of the universal concept of decent work developed by the International Labor Organization (ILO), which include:
Promote employment : Opportunities for productive work with fair income.
Standards and rights at work : Including the elimination of forced labor and child labor.
Social protection : Security at work and social protection for families, better prospects for personal development and social integration.
Social dialogue : Freedom for people to express their concerns, organize and participate in decisions that affect their lives and equality of opportunity and treatment.
These issues will be treated transversally for gender equality and non-discrimination. Under these elements, the European Commission assumes that the benefit of responsible business conduct will be reflected both within companies and in European society and even on a global scale.
2. Environmental Care
Another important point that the European Commission raises in its proposal is the environmental issue, since the environmental impacts generated by companies have repercussions on a global scale. Therefore, one way to operationalize due diligence in responsible business conduct involves involving company directors, since they not only supervise but also carry out specific corporate strategies.
In particular, it is relevant to know what Changsha Mobile Number List contributions the European Commission has recently made regarding these benefits and due diligence in terms of sustainability and corporate responsibility.
However, to fully understand its scope, clarity is needed on sustainable development and responsible business conduct. Below, we explain these points.
Sustainable development and companies
Sustainable development involves a strategy to recognize needs and limitations. Regarding needs, it refers to what is priority, essential for life. In contrast, constraints highlight the limits imposed by technology, social organization, and the environment's ability to meet present and future needs.
benefits of business conduct development
Under this idea, sustainable development meets the needs of the present without compromising the capacity of future generations, which appeals to all sectors; However, the importance of companies is clear due to their economic power. Under this understanding, one way to carry it out is through Corporate Social Responsibility (CSR) and responsible and sustainable business conduct.
In this vein, the European Commission has recently made a proposal to guide companies to "respect human rights and the environment in global value chains."
3 benefits of responsible business conduct: European Commission
According to the official portal of the European Union (EU), the European Commission has proposed due diligence on corporate sustainability, which "aims to promote sustainable and responsible business behavior along global value chains." ยป.
This proposal asks companies to identify, prevent, terminate or mitigate the adverse impacts of their activities on:
Human rights : Child labor and the exploitation of workers.
The environment : Pollution, loss of biodiversity, among others.
This directive means obtaining benefits from responsible and sustainable business conduct both for the companies themselves and for society in general. These benefits are:
1. Protect Human Rights
Human rights are inherent to humans, that is, each human being possesses them by the simple fact of being human. Within these rights, freedom is highlighted without distinction of ethnicity, color, sex, language, religion, political opinion, national or social origin, economic position, birth or any other condition.
Specifically, the benefits of responsible and sustainable business conduct proposed by the European Commission protect Article 4 of human rights:
No one will be subjected to slavery or servitude, slavery and the slave trade are prohibited in all their forms.
Article 4 of the Universal Declaration of Human Rights.
work benefits of business conduct
To achieve this, companies are required to provide decent jobs and eliminate child and forced labor within all their value chains. This is especially relevant because " 160 million children, that is, one in ten globally, are in child labor and 25 million people are in forced labor." Besides:
Workers must have access to safe and healthy working conditions .
Specifically, the EU will strengthen its actions guided by the four elements of the universal concept of decent work developed by the International Labor Organization (ILO), which include:
Promote employment : Opportunities for productive work with fair income.
Standards and rights at work : Including the elimination of forced labor and child labor.
Social protection : Security at work and social protection for families, better prospects for personal development and social integration.
Social dialogue : Freedom for people to express their concerns, organize and participate in decisions that affect their lives and equality of opportunity and treatment.
These issues will be treated transversally for gender equality and non-discrimination. Under these elements, the European Commission assumes that the benefit of responsible business conduct will be reflected both within companies and in European society and even on a global scale.
2. Environmental Care
Another important point that the European Commission raises in its proposal is the environmental issue, since the environmental impacts generated by companies have repercussions on a global scale. Therefore, one way to operationalize due diligence in responsible business conduct involves involving company directors, since they not only supervise but also carry out specific corporate strategies.