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22 Jun 2015

Florian Wettstein, Cambridge Journals Blog (UK)

Blog: Corporate Responsibility: All Eyes on Human Rights

“Corporate Responsibility: All Eyes on Human Rights”, 08 Jun 2015

Corporate Social Responsibility (CSR) is losing steam. Many…corporations have embraced it, but too often they seem to look at it merely as a new source for growth and profits or as an act of charity, rather than as a philosophy that transforms the way they do business…CSR, such is the impression, is lacking force and overall impact, and it has not kept what it once promised…Business and Human Rights (BHR) has become one of the most relevant debates in the broader realm of corporate responsibility and it has matured into an academic field in its own right…A broad consensus is emerging today that companies have a responsibility at least to respect human rights, which is independent of local laws and regulations…BHR may be able to correct…some of the alleged shortcomings of CSR...It is against this background that we are launching the Business and Human Rights Journal (BHRJ) as a necessary and important step in the institutionalization of this young inter-discipline. Our hope is to contribute further to the growth and development of this important discussion, to help bridge legal and non-legal conversations on the topic and, not least, to foster meaningful dialogue between theory and practice.

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