The collection shows how CSR has evolved to account for societal pressures, environmental, climate change and human rights impacts, international policy imperatives and the practical challenges of regulating commercial activity that transcends borders. The chapters offer an in-depth examination of current issues including:
- international frameworks and multistakeholder initiatives catalysing foundational change;
- the shifting emphasis on corporate imperatives to avoid harm to third parties;
- trends in CSR, focused on assuring the planet's future sustainability and social stability;
- regulatory initiatives around the globe, including Europe, North America, Asia and Africa; and
- extended accountability for activities of corporate group members and supply chains.
The pressure and business case for companies to incorporate CSR into corporate governance is intensifying with each quarter, shareholder meeting, and regulatory agenda. The integration of CSR and new ESG frameworks into multinational corporate strategy and operations is key to sustainable business models that can generate long-term value for the organization and all stakeholders. Their acceptance as cornerstones of 21st century business practice appears inevitable. Taking full account of the imperative for companies and their lawyers to grapple with the practical and legal challenges in this area, this volume is an invaluable and pragmatic addition to the practitioners' toolbox at this important juncture in an ever-more dynamic field.
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