Holy See Speaks out on the Need for Greater Corporate Social and Environmental Responsibility
June 17th, 2013
23rd HRC Session Report of the General Debate on Transnational Corporations and Human Rights, 31 May 2013
A recent Statement on Business and Human Rights at the UNHRC in Geneva by the Holy See Ambassadorial highlighted the importance of increased corporate social and environmental responsibility, particularly in light of the tragic factory collapse in Bangladesh that killed over 1,100 people. The Holy See emphasized the need for “a more complete and deliberate consensus about the role and responsibility of corporations in society.” Continuing, the Ambassador suggested that “While a great number of people and corporate leaders have successfully moved beyond the view that the maximization of profit is the sole reason and purpose for corporations, the support and adoption of the legal framework that can serve as a foundation for this new vision is still in its infancy. The search for a consensus that will provide the desirable balance between the role and responsibility of governments and the public sector, and at the same time the space for private corporations to make their valuable contributions to the common good, continues.”
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