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Article

26 May 2010

Author:
Claes Cronstedt, Gaemo Group

[PDF] International Chamber of Commerce, Stockholm - Transcript of luncheon speech on corporate behaviour and increasing demands

Most corporate leaders have understood that CSR is important – but only a few know what they must do or what they are allowed to do…I have six important questions…1. The borderline between voluntary and mandatory. 2. Importance of human rights and environmental due diligence. 3. Soft law and self-regulation initiatives. 4. Piercing the corporate veil?5. Does the financial crisis impact on CSR? 6. The future of CSR…Where is CSR heading? Towards stricter standard setting and enforcement. Those who violate human rights and harm the environment must be punished stiffly, it is said… [Refers to BHP Billiton, Macmillan, Rio Tinto, Siemens]