Global trade compliance and corporate social responsibility
December 18, 2008 | BY
clpstaff &clp articlesZhaokang JiangSandler, Travis & Rosenberg, [email protected] Asia, businesses have been benefiting from the globalisation of international trade…
Zhaokang Jiang
Sandler, Travis & Rosenberg, PA
In Asia, businesses have been benefiting from the globalisation of international trade and investment for decades. Today, due to the globalisation of the supply chain, new challenges have been raised regarding how to develop trading relationships that support the global goals of increasing human dignity, reducing poverty, promoting environmental safety, ensuring domestic harmony and international peace, issues such as health and safety, environmental protection, human rights, human resource management practices, corporate governance, community development, and consumer protection, labour protection, supplier relations, and business ethics.
Corporate social responsibility (CSR) is a response to the imbalances resulting from globalisation: imbalance between the rapid process of liberalisation and the time